4//SEC Filing
Pitt Ian 4
Accession 0000876167-25-000167
CIK 0000876167other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 6:37 AM ET
Size
19.5 KB
Accession
0000876167-25-000167
Insider Transaction Report
Form 4
Pitt Ian
Chief Information Officer
Transactions
- Tax Payment
Common Stock
2025-10-01$44.21/sh−268$11,848→ 6,926 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−263$11,627→ 7,329 total - Exercise/Conversion
Common Stock
2025-10-01+739→ 8,068 total - Exercise/Conversion
Common Stock
2025-10-01+681→ 7,194 total - Exercise/Conversion
Common Stock
2025-10-01+666→ 7,592 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−291$12,865→ 7,777 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−681→ 681 total→ Common Stock (681 underlying) - Exercise/Conversion
Restricted Stock Units
2025-10-01−666→ 1,998 total→ Common Stock (666 underlying) - Exercise/Conversion
Restricted Stock Units
2025-10-01−739→ 3,696 total→ Common Stock (739 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 4,085 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 3,995 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 4,435 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 0001878325
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 6:37 AM ET
- Size
- 19.5 KB