PROGRESS SOFTWARE CORP /MA 4
4 · PROGRESS SOFTWARE CORP /MA · Filed May 20, 2005
Insider Transaction Report
Form 4
OCONNOR GREGORY J
President, Sonic Software Corp
Transactions
- Sale
Common Stock
2005-05-18$28.34/sh−5,000$141,709→ 1,760 total - Exercise/Conversion
Non-Qualified Stock Options
2005-05-18$9.00/sh−5,000$45,000→ 16,704 totalExercise: $9.00From: 1998-08-01Exp: 2008-07-31→ Common Stock (5,000 underlying) - Exercise/Conversion
Common Stock
2005-05-18$9.00/sh+5,000$45,000→ 6,760 total
Footnotes (2)
- [F1]The options vest in equal monthly increments over a 60 month period, commencing August 1, 1998.
- [F2]As of May 18, 2005, 16,704 options reamin vested and available for exercise.