WANG YUFAN STEPHANIE 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Apr 3, 2025
Insider Transaction Report
Form 4
WANG YUFAN STEPHANIE
Chief Legal Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-04-01−460→ 460 total→ Common Stock (460 underlying) - Exercise/Conversion
Restricted Stock Units
2025-04-01−1,037→ 4,152 total→ Common Stock (1,037 underlying) - Exercise/Conversion
Common Stock
2025-04-01+460→ 460 total - Tax Payment
Common Stock
2025-04-01$56.16/sh−204$11,457→ 256 total - Exercise/Conversion
Common Stock
2025-04-01+1,070→ 1,326 total - Tax Payment
Common Stock
2025-04-01$56.16/sh−475$26,676→ 851 total - Exercise/Conversion
Common Stock
2025-04-01+1,037→ 1,888 total - Tax Payment
Common Stock
2025-04-01$56.16/sh−460$25,834→ 1,428 total - Exercise/Conversion
Restricted Stock Units
2025-04-01−1,070→ 2,140 total→ Common Stock (1,070 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 June 30, 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 June 30, 2022, the Reporting Person was granted 2,760 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 April 1, 2023, subject to the continued employment of the Reporting Person with the Company.
- [F6]On January 19, 2023, the Reporting Person was granted 6,419 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 6,226 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.