OCONNOR GREGORY J 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Sep 25, 2003
Insider Transaction Report
Form 4
OCONNOR GREGORY J
VP, Corp Strategy Development10% Owner
Transactions
- Exercise/Conversion
Common Stock
2003-09-23$5.67/sh+3,000$17,000→ 5,327 total - Sale
Common Stock
[F1]2003-09-23$21.84/sh−3,000$65,520→ 2,777 total - Exercise/Conversion
Nonqualified Stock Options
[F2][F3]2003-09-23$5.67/sh−3,000$17,000→ 5,000 totalExercise: $5.67From: 1997-07-01Exp: 2007-06-16→ Common Stock (3,000 underlying)
Footnotes (3)
- [F1]Includes a purchase made pursuant to the Employee Stock Purchase Plan of 450 shares on July 1, 2003.
- [F2]The options vest in equal monthly increments over a 60 month period, commencing July 1, 1997.
- [F3]As of September 23, 2003, options to purchase 5,000 shares were vested.
Signature
Gregory J. O'Connor|2003-09-25