COOPER LORNE 4
4 · PROGRESS SOFTWARE CORP /MA · Filed May 26, 2004
Insider Transaction Report
Form 4
COOPER LORNE
President, PeerDirect Corp
Transactions
- Award
Nonqualified Stock Options
2004-05-24$18.15/sh+2,500$45,375→ 2,500 totalExercise: $18.15From: 2004-05-24Exp: 2014-05-23→ Common Stock (2,500 underlying)
Holdings
- 3,867
Common Stock
Footnotes (3)
- [F1]Includes a purchase made pursuant to the Employee Stock Purchase Plan of 1,409 shares on April 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 June 1, 2004.
- [F3]As of May 26, 2004, 125 shares were vested.