4//SEC Filing
Gupta Yogesh K 4
Accession 0000876167-25-000075
CIK 0000876167other
Filed
May 8, 8:00 PM ET
Accepted
May 9, 8:00 AM ET
Size
9.0 KB
Accession
0000876167-25-000075
Insider Transaction Report
Form 4
Gupta Yogesh K
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2025-05-07$60.94/sh−78,000$4,753,320→ 230,296 total - Exercise/Conversion
Common Stock
2025-05-07$34.73/sh+100,275$3,482,551→ 308,296 total - Exercise/Conversion
Employee Stock Options (Right to buy)
2025-05-07−100,275→ 0 totalExercise: $34.73Exp: 2026-01-22→ Common Stock (100,275 underlying)
Footnotes (3)
- [F1]Includes 382 shares of common stock, par value $0.01 per share ("Common Stock"), of Progress Software Corporation (the "Company"), acquired by the Reporting Person on March 31, 2025 through the Company's Employee Stock Purchase Plan.
- [F2]Represents a net exercise of outstanding stock options. The Reporting Person received 22,275 shares of Common Stock on a net exercise of options to purchase 100,275 shares of Common Stock. The Company withheld 78,000 shares of Common Stock underlying the options for payment of the exercise price and tax withholdings, based on a market price of $60.94 per share, pursuant to the terms of the Company's 2008 Stock Option and Incentive Plan.
- [F3]Options were granted to the Reporting Person on January 22, 2019 under the Company's 2008 Stock Option and Incentive Plan. As of April 1, 2023, 100,275 options were vested and exercisable.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001301277
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 8:00 AM ET
- Size
- 9.0 KB