4//SEC Filing
Jarrett Loren 4
Accession 0000876167-25-000064
CIK 0000876167other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:12 PM ET
Size
19.6 KB
Accession
0000876167-25-000064
Insider Transaction Report
Form 4
Jarrett Loren
EVP/GM Digital Experience
Transactions
- Tax Payment
Common Stock
2025-04-01$56.16/sh−544$30,551→ 12,209 total - Exercise/Conversion
Common Stock
2025-04-01+1,167→ 13,376 total - Tax Payment
Common Stock
2025-04-01$56.16/sh−565$31,730→ 12,811 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−1,167→ 4,670 total→ Common Stock (1,167 underlying) - Exercise/Conversion
Common Stock
2025-04-01+1,124→ 12,753 total - Exercise/Conversion
Common Stock
2025-04-01+1,167→ 13,978 total - Tax Payment
Common Stock
2025-04-01$56.16/sh−565$31,730→ 13,413 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−1,124→ 0 total→ Common Stock (1,124 underlying) - Exercise/Conversion
Restricted Stock Units
2025-04-01−1,167→ 2,335 total→ Common Stock (1,167 underlying)
Footnotes (7)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Represents shares of common stock withheld by Progress Software Corporation (the "Company") to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 20, 2022.
- [F3]Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 19, 2023.
- [F4]Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 18, 2024.
- [F5]On January 20, 2022, the Reporting Person was granted 6,744 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2022, subject to the continued employment of the Reporting Person with the Company.
- [F6]On January 19, 2023, the Reporting Person was granted 7,003 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.
- [F7]On January 18, 2024, the Reporting Person was granted 7,004 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2024, subject to the continued employment of the Reporting Person with the Company.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001750308
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:12 PM ET
- Size
- 19.6 KB