PROGRESS SOFTWARE CORP /MA 4

4 · PROGRESS SOFTWARE CORP /MA · Filed Dec 27, 2006

Form 4

Period: 2006-12-22

Senior, VP Corp Dev & Strategy

Transactions

Disposition to Issuer
Stock Option (right to buy)
2006-12-22−50,000→ 0 total
Exercise: $19.25Exp: 2014-09-26→ Common Stock (50,000 underlying)
Award
Stock Option (right to buy)
2006-12-22+50,000→ 50,000 total
Exercise: $21.45Exp: 2014-09-26→ Common Stock (50,000 underlying)

Holdings

Stock Option (right to buy)
Exercise: $23.07Exp: 2013-05-21→ Common Stock (7,500 underlying)
7,500
Stock Option (right to buy)
Exercise: $19.31Exp: 2014-07-08→ Common Stock (50,000 underlying)
50,000
Stock Option (right to buy)
Exercise: $30.81Exp: 2012-11-14→ Common Stock (24,000 underlying)
24,000
Stock Option (right to buy)
Exercise: $30.81Exp: 2012-11-14→ Common Stock (16,000 underlying)
16,000
Common Stock
10,058

Footnotes (5)

[F1]These two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the deemed grant of a replacement option. The option was originally granted on September 27, 2004 and vests in 54 equal monthly increments of 925.9 shares commencing on January 1, 2005.
[F2]The option vests in 54 equal monthly increments of 925.9 shares commencing on January 1, 2005.
[F3]The option vests in 60 equal monthly increments of 400 shares commencing on March 1, 2005.
[F4]The option vests in 60 equal monthly increments of 266.7 shares commencing on March 1, 2005.
[F5]The option vests in 60 equal monthly increments of 125 shares commencing on March 1, 2006.

Documents

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