4//SEC Filing
WANG YUFAN STEPHANIE 4
Accession 0000876167-25-000171
CIK 0000876167other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 5:29 PM ET
Size
26.6 KB
Accession
0000876167-25-000171
Insider Transaction Report
Form 4
WANG YUFAN STEPHANIE
Chief Legal Officer
Transactions
- Exercise/Conversion
Common Stock
2025-10-01+1,070→ 1,326 total - Exercise/Conversion
Common Stock
2025-10-01+460→ 460 total - Exercise/Conversion
Common Stock
2025-10-01+1,201→ 2,629 total - Sale
Common Stock
2025-10-03$46.26/sh−1,428$66,059→ 668 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−460→ 0 total→ Common Stock (460 underlying) - Exercise/Conversion
Restricted Stock Units
2025-10-01−1,038→ 3,114 total→ Common Stock (1,038 underlying) - Tax Payment
Common Stock
2025-10-01$44.21/sh−475$21,000→ 851 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−204$9,019→ 256 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−461$20,381→ 1,428 total - Tax Payment
Common Stock
2025-10-01$44.21/sh−533$23,564→ 2,096 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−1,201→ 6,006 total→ Common Stock (1,201 underlying) - Exercise/Conversion
Common Stock
2025-10-01+1,038→ 1,889 total - Exercise/Conversion
Restricted Stock Units
2025-10-01−1,070→ 1,070 total→ Common Stock (1,070 underlying)
Footnotes (10)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F10]On January 23, 2025, the Reporting Person was granted 7,207 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.
- [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 June 30, 2022.
- [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 19, 2023.
- [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 18, 2024.
- [F5]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.
- [F6]The sale reported in this Form 4 was effected pursuant to a preexisting Rule 10b5-1 trading plan adopted by the Reporting Person on January 23, 2025, prior to the recent volatility in the Company's stock price and in compliance with all applicable laws and regulations.
- [F7]On June 30, 2022, the Reporting Person was granted 2,760 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 April 1, 2023, subject to the continued employment of the Reporting Person with the Company.
- [F8]On January 19, 2023, the Reporting Person was granted 6,419 restricted stock units pursuant to 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.
- [F9]On January 18, 2024, the Reporting Person was granted 6,226 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.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001948524
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 5:29 PM ET
- Size
- 26.6 KB