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4//SEC Filing

BENTON DAVID H 4

Accession 0001031404-11-000003

CIK 0000876167other

Filed

Jul 21, 8:00 PM ET

Accepted

Jul 22, 4:02 PM ET

Size

13.9 KB

Accession

0001031404-11-000003

Insider Transaction Report

Form 4
Period: 2011-07-20
BENTON DAVID H
VP and Corporate Controller
Transactions
  • Exercise/Conversion

    Common Stock

    2011-07-21$15.38/sh+15,000$230,70053,286 total
  • Exercise/Conversion

    Common Stock

    2011-07-20$13.01/sh+10,000$130,10048,286 total
  • Exercise/Conversion

    Stock Option

    2011-07-2115,0000 total
    Exercise: $15.38Exp: 2013-05-21Common Stock (15,000 underlying)
  • Sale

    Common Stock

    2011-07-20$25.45/sh10,000$254,54038,286 total
  • Sale

    Common Stock

    2011-07-21$25.60/sh15,000$384,00040,431 total
  • Exercise/Conversion

    Stock Option

    2011-07-2010,0005,000 total
    Exercise: $13.01Exp: 2015-10-15Common Stock (10,000 underlying)
Footnotes (3)
  • [F1]Includes 1,675 shares acquired through Issuer's Employee Stock Purchase Plan on March 31, 2011 and 470 shares acquired through Issuer's Employee Stock Purchase Plan on June 30, 2011.
  • [F2]Eight -sixtieths (8/60) of the option vested on the date of grant, thereafter the option vests in equal monthly increments over a 52 month period commencing November 1, 2008.
  • [F3]This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on May 22, 2006 with three-sixtieths (3/60) of the option vesting on the date of grant and in 57 equal monthly increments thereafter commencing June 1, 2006.

Issuer

PROGRESS SOFTWARE CORP /MA

CIK 0000876167

Entity typeother

Related Parties

1
  • filerCIK 0001031404

Filing Metadata

Form type
4
Filed
Jul 21, 8:00 PM ET
Accepted
Jul 22, 4:02 PM ET
Size
13.9 KB