4//SEC Filing
Pitt Ian 4
Accession 0000876167-25-000066
CIK 0000876167other
Filed
Apr 2, 8:00 PM ET
Accepted
Apr 3, 4:12 PM ET
Size
19.6 KB
Accession
0000876167-25-000066
Insider Transaction Report
Form 4
Pitt Ian
Chief Information Officer
Transactions
- Exercise/Conversion
Common Stock
2025-04-01+675→ 8,288 total - Tax Payment
Common Stock
2025-04-01$56.16/sh−205$11,513→ 8,083 total - Exercise/Conversion
Common Stock
2025-04-01+681→ 8,764 total - Tax Payment
Common Stock
2025-04-01$56.16/sh−207$11,625→ 8,557 total - Exercise/Conversion
Common Stock
2025-04-01+666→ 9,223 total - Tax Payment
Common Stock
2025-04-01$56.16/sh−203$11,400→ 9,020 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−675→ 0 total→ Common Stock (675 underlying) - Exercise/Conversion
Restricted Stock Units
2025-04-01−666→ 2,664 total→ Common Stock (666 underlying) - Exercise/Conversion
Restricted Stock Units
2025-04-01−681→ 1,362 total→ Common Stock (681 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 4,046 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 4,085 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 3,995 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 0001878325
Filing Metadata
- Form type
- 4
- Filed
- Apr 2, 8:00 PM ET
- Accepted
- Apr 3, 4:12 PM ET
- Size
- 19.6 KB