REIDY RICHARD 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Oct 31, 2011
Insider Transaction Report
Form 4
REIDY RICHARD
DirectorPresident and CEO.
Transactions
- Sale
Common Stock
2011-10-27$22.24/sh−69,840$1,553,242→ 96,243 total - Exercise/Conversion
Common Stock
2011-10-27$14.30/sh+43,749$625,611→ 139,992 total - Exercise/Conversion
Stock Option
2011-10-27−43,749→ 0 totalExercise: $14.30Exp: 2014-09-26→ Common Stock (43,749 underlying) - Sale
Common Stock
2011-10-27$22.24/sh−43,749$972,978→ 96,243 total - Exercise/Conversion
Common Stock
2011-10-27$14.63/sh+69,840$1,021,759→ 166,083 total - Exercise/Conversion
Stock Option
2011-10-27−69,840→ 61,110 totalExercise: $14.67Exp: 2016-05-12→ Common Stock (69,840 underlying)
Footnotes (2)
- [F1]The option was originally granted on September 27, 2004 and vested in 60 equal monthly increments of 583.3 shares commencing on March 1, 2004.
- [F2]Three - sixtieths of the option vests on the date of grant, thereafter the option vests in equal monthly increments over a 57 month period commencing on June 1, 2009.