Jarrett Loren 4
4 · PROGRESS SOFTWARE CORP /MA · Filed May 13, 2025
Insider Transaction Report
Form 4
Jarrett Loren
EVP/GM Digital Experience
Transactions
- Sale
Common Stock
2025-05-09$61.10/sh−13,196$806,276→ 13,413 total - Exercise/Conversion
Common Stock
2025-05-09$47.16/sh+13,196$622,323→ 26,609 total - Exercise/Conversion
Employee Stock Options (Right to buy)
2025-05-09−13,196→ 0 totalExercise: $47.16Exp: 2027-01-21→ Common Stock (13,196 underlying) - Sale
Common Stock
2025-05-09$61.10/sh−19,231$1,175,014→ 13,413 total - Exercise/Conversion
Employee Stock Options (Right to buy)
2025-05-09−19,231→ 0 totalExercise: $34.73Exp: 2026-01-22→ Common Stock (19,231 underlying) - Exercise/Conversion
Common Stock
2025-05-09$34.73/sh+19,231$667,893→ 32,644 total - Sale
Common Stock
2025-05-09$61.10/sh−1,666$101,793→ 11,747 total
Footnotes (3)
- [F1]The trading activity reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 7, 2025.
- [F2]Options were granted to the Reporting Person on January 22, 2019 under Progress Software Corporation's 2008 Stock Option and Incentive Plan (the "Plan"). As of April 1, 2023, 19,231 options were vested and exercisable.
- [F3]Options were granted to the Reporting Person on January 21, 2020 under the Plan. As of April 1, 2024, 13,196 options were vested and exercisable.