4//SEC Filing
Gupta Yogesh K 4
Accession 0000876167-25-000163
CIK 0000876167other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 6:36 AM ET
Size
19.6 KB
Accession
0000876167-25-000163
Insider Transaction Report
Form 4
Gupta Yogesh K
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2025-10-01+7,349→ 243,261 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−3,554$157,122→ 239,707 total - Exercise/Conversion
Common Stock
2025-10-01+8,315→ 248,022 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−4,021$177,768→ 244,001 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−8,315→ 41,575 total→ Common Stock (8,315 underlying) - Exercise/Conversion
Common Stock
2025-10-01+6,808→ 239,204 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−3,292$145,539→ 235,912 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−6,808→ 6,809 total→ Common Stock (6,808 underlying) - Exercise/Conversion
Restricted Stock Units
2025-10-01−7,349→ 22,048 total→ Common Stock (7,349 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 19, 2023.
- [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 18, 2024.
- [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 23, 2025.
- [F5]On January 19, 2023, the Reporting Person was granted 40,849 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan (as amended and restated, the "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.
- [F6]On January 18, 2024, the Reporting Person was granted 44,095 restricted stock units pursuant to the 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.
- [F7]On January 23, 2025, the Reporting Person was granted 49,890 restricted stock units pursuant to the Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2025, 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 0001301277
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 6:36 AM ET
- Size
- 19.6 KB