BENTON DAVID H 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Apr 5, 2011
Insider Transaction Report
Form 4
BENTON DAVID H
VP and Corporate Controller
Transactions
- Tax Payment
Common Stock
2011-04-01$29.52/sh−255$7,529→ 38,286 total - Tax Payment
Common Stock
2011-04-01$29.52/sh−361$10,659→ 38,541 total
Footnotes (4)
- [F1]Represents shares of common stock withheld by Issuer to pay tax withholding obligation of reporting person upon the vesting of restricted stock units granted to the reporting person on May 12, 2009.
- [F2]Represents shares of common stock withheld by Issuer to pay tax withholding obligation of reporting person upon the vesting of restricted stock units granted to the reporting person on April 27, 2010
- [F3]Includes 517 shares acquired through Issuer's Employee Stock Purchase Plan on September 30, 2010.
- [F4]This share amount has been adjusted to reflect the Issuer's 3-for-2 stock split which was completed on January 28, 2011.