4//SEC Filing
Kulikoski Kathryn 4
Accession 0000876167-24-000042
CIK 0000876167other
Filed
Feb 1, 7:00 PM ET
Accepted
Feb 2, 5:30 PM ET
Size
9.0 KB
Accession
0000876167-24-000042
Insider Transaction Report
Form 4
Kulikoski Kathryn
CHIEF PEOPLE OFFICER
Transactions
- Exercise/Conversion
Restricted Stock Units
2024-02-01−12,024→ 0 total→ Common Stock (12,024 underlying) - Exercise/Conversion
Common Stock
2024-02-01+12,024→ 15,375 total - Tax Payment
Common Stock
2024-02-01$57.14/sh−5,574$318,498→ 9,801 total
Footnotes (3)
- [F1]On January 19, 2021, the Reporting Person was granted 6,456 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2023, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2024.
- [F2]Restricted stock units convert into common stock on a one-for-one basis.
- [F3]Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on January 19, 2021.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001794348
Filing Metadata
- Form type
- 4
- Filed
- Feb 1, 7:00 PM ET
- Accepted
- Feb 2, 5:30 PM ET
- Size
- 9.0 KB