4//SEC Filing
Ainsworth John 4
Accession 0000876167-25-000166
CIK 0000876167other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 6:36 AM ET
Size
19.6 KB
Accession
0000876167-25-000166
Insider Transaction Report
Form 4
Ainsworth John
EVP/GM App & Data Platform
Transactions
- Tax Payment
Common Stock
2025-10-01$44.21/sh−518$22,901→ 48,625 total - Exercise/Conversion
Common Stock
2025-10-01+1,709→ 50,983 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−1,167→ 1,168 total→ Common Stock (1,167 underlying) - Tax Payment
Common Stock
2025-10-01$44.21/sh−518$22,901→ 49,274 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−758$33,511→ 50,225 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−1,167→ 3,503 total→ Common Stock (1,167 underlying) - Exercise/Conversion
Restricted Stock Units
2025-10-01−1,709→ 8,546 total→ Common Stock (1,709 underlying) - Exercise/Conversion
Common Stock
2025-10-01+1,167→ 49,143 total - Exercise/Conversion
Common Stock
2025-10-01+1,167→ 49,792 total
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 7,003 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 7,004 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 10,255 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 0001750309
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 6:36 AM ET
- Size
- 19.6 KB