UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person O'Connor, Gregory J. 14 Oak Park Bedford, MA 01730 2. Issuer Name and Ticker or Trading Symbol Progress Software Corporation PRGS 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 01/31/02 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) President, Sonic Software Corporation (wholly owned subsidiary of Progress Software Corporation) 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person

Explanation of Responses: (1) The options vest in equal monthly increments over a 60 month period commencing 03/01/97. (2) On January 31, 2002, no options to purchase shares were vested. (3) The options vest in equal monthly increments over a 60 month period commencing 03/01/97. (4) On January 31, 2002, no options to purchase shares were vested. SIGNATURE OF REPORTING PERSON /s/ Gregory J. O'Connor DATE February 6, 2002

OCONNOR GREGORY J 4