PROGRESS SOFTWARE CORP /MA 4

Accession 0001225499-16-000006

$PRGSCIK 0000876167operating

View on SEC.gov Company Profile

Filed

Apr 4, 8:00 PM ET

Accepted

Apr 5, 8:21 PM ET

Size

33.5 KB

Accession

0001225499-16-000006

Insider Transaction Report

Form 4

Period: 2016-04-01

PROGRESS SOFTWARE CORP /MAPRGS

PERKINS CHRIS E

SVP, Chief Financial Officer

Transactions

Exercise/Conversion
Common Stock
2016-04-01+16,000→ 108,613 total
Tax Payment
Common Stock
2016-04-01$24.66/sh−795$19,605→ 105,063 total
Tax Payment
Common Stock
2016-04-01$24.66/sh−4,085$100,736→ 113,565 total
Tax Payment
Common Stock
2016-04-01$24.66/sh−1,057$26,066→ 116,636 total
Exercise/Conversion
Restricted Stock Units
2016-04-01−16,000→ 0 total
→ Common Stock (16,000 underlying)
Exercise/Conversion
Restricted Stock Units
2016-04-01+9,768→ 9,768 total
→ Common Stock (9,768 underlying)
Exercise/Conversion
Restricted Stock Units
2016-04-01−3,256→ 6,512 total
→ Common Stock (3,256 underlying)
Tax Payment
Common Stock
2016-04-01$24.66/sh−5,203$128,306→ 103,410 total
Exercise/Conversion
Common Stock
2016-04-01+12,587→ 117,650 total
Exercise/Conversion
Common Stock
2016-04-01+1,292→ 114,857 total
Exercise/Conversion
Common Stock
2016-04-01+2,448→ 105,858 total
Tax Payment
Common Stock
2016-04-01$24.66/sh−420$10,357→ 114,437 total
Exercise/Conversion
Common Stock
2016-04-01+3,256→ 117,693 total
Exercise/Conversion
Restricted Stock Units
2016-04-01−2,448→ 4,896 total
→ Common Stock (2,448 underlying)
Exercise/Conversion
Restricted Stock Units
2016-04-01−12,587→ 0 total
→ Common Stock (12,587 underlying)
Exercise/Conversion
Restricted Stock Units
2016-04-01−1,292→ 5,171 total
→ Common Stock (1,292 underlying)

Footnotes (11)

[F1]Restricted stock units convert into common stock on a one-for-one basis.
[F10]On January 29, 2015, the Reporting Person was granted 7,755 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2015, subject to the continued employment of the Reporting Person with Issuer.
[F11]Represents performance-based restricted stock units acquired by the Reporting Person based on Issuer performance in FY15. Each restricted stock unit vests in five installments, with one-third vesting on April 1, 2016 and the remaining restricted stock units vesting in four semi-annual installments, subject to the continued employment of the Reporting Person with Issuer.
[F2]Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on February 1, 2013.
[F3]Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 13, 2014.
[F4]Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 7, 2014.
[F5]Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 29, 2015.
[F6]Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 29, 2015.
[F7]On February 1, 2013, the Reporting Person was granted 96,000 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2013, subject to the continued employment of the Reporting Person with Issuer.
[F8]On January 13, 2014, the Reporting Person was granted 14,688 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2014, subject to the continued employment of the Reporting Person with Issuer.
[F9]On January 7, 2014, the Reporting Person was granted 75,520 restricted stock units, vesting in five installments, with one-third vesting on April 1, 2014 and the remaining restricted stock units vesting in four semi-annual installments, subject to the continued employment of the Reporting Person with Issuer.

Documents

2 files

Issuer

PROGRESS SOFTWARE CORP /MA

CIK 0000876167

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000876167

Filing Metadata

Form type: 4
Filed: Apr 4, 8:00 PM ET
Accepted: Apr 5, 8:21 PM ET
Size: 33.5 KB

View on SEC.gov