COOPER LORNE 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Nov 13, 2003
Insider Transaction Report
Form 4
COOPER LORNE
President, PeerDirect Corp
Transactions
- Award
Nonqualified Stock Options
2003-11-11$21.86/sh+1,800$39,348→ 1,800 totalExercise: $21.86From: 2003-11-11Exp: 2013-11-10→ Common Stock (1,800 underlying) - Award
Incentive Stock Options
2003-11-11$21.86/sh+3,200$69,952→ 3,200 totalExercise: $21.86From: 2003-11-11Exp: 2013-11-10→ Common Stock (3,200 underlying)
Holdings
- 2,458
Common Stock
Footnotes (4)
- [F1]Includes a purchase made pursuant to the Employee Stock Purchase Plan of 1 share on October 1, 2003.
- [F2]Nine-sixtieths of the options vest on the date of grant, thereafter the options vest in equal monthly increments over a 51 month period commencing December 1, 2003.
- [F3]As of November 13, 2003, options to purchase 270 shares were vested.
- [F4]As of November 13, 2003, options to purchase 480 shares were vested.