4//SEC Filing
PROGRESS SOFTWARE CORP /MA 4
Accession 0001225499-16-000009
$PRGSCIK 0000876167operating
Filed
Oct 18, 8:00 PM ET
Accepted
Oct 19, 4:12 PM ET
Size
21.5 KB
Accession
0001225499-16-000009
Insider Transaction Report
Form 4
PERKINS CHRIS E
SVP, Chief Financial Officer
Transactions
- Disposition to Issuer
Restricted Stock Units
2016-09-28−31,473→ 0 total→ Common Stock (31,473 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-28−7,756→ 0 total→ Common Stock (7,756 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-28−7,625→ 0 total→ Common Stock (7,625 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-28−5,171→ 0 total→ Common Stock (5,171 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-28−28,594→ 0 total→ Common Stock (28,594 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-28−4,896→ 0 total→ Common Stock (4,896 underlying) - Disposition to Issuer
Restricted Stock Units
2016-09-28−29,082→ 0 total→ Common Stock (29,082 underlying)
Footnotes (8)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]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. Reporting Person retired as Chief Financial Officer effective September 28, 2016, and the unvested restricted stock units were cancelled.
- [F3]On January 13, 2014, the Reporting Person was granted 31,743 performance-based restricted stock units that vest based on Issuer's total shareholder return over a three-year period, as will be determined at the first meeting of the Issuer's compensation committee following November 30, 2016. Reporting Person retired as Chief Financial Officer effective September 28, 2016, and the unvested performance-based restricted stock units were cancelled.
- [F4]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. Reporting Person retired as Chief Financial Officer effective September 28, 2016, and the unvested restricted stock units were cancelled.
- [F5]On January 29, 2015, the Reporting Person was granted 11,633 performance-based restricted stock units based on Issuer performance in FY15. Upon determination of achievement for FY15, each restricted stock unit vesting in five installments, with one-third vesting on April 1, 2016 and the remaining restricted stock units vests in four semi-annual installments, subject to the continued employment of the Reporting Person with Issuer. Reporting Person retired as Chief Financial Officer effective September 28, 2016, and the unvested restricted stock units were cancelled.
- [F6]On January 29, 2015, the Reporting Person was granted 29,082 performance-based restricted stock units that vest based on Issuer's total shareholder return over a three-year period, as will be determined at the first meeting of the Issuer's compensation committee following November 30, 2017. Reporting Person retired as Chief Financial Officer effective September 28, 2016, and the unvested performance-based restricted stock units were cancelled.
- [F7]On January 18, 2016, the Reporting Person was granted 7,625 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2016, subject to the continued employment of the Reporting Person with Issuer. Reporting Person retired as Chief Financial Officer effective September 28, 2016, and the unvested restricted stock units were cancelled.
- [F8]On January 18, 2016, the Reporting Person was granted 28,594 performance-based restricted stock units that vest based on Issuer's total shareholder return over a three-year period, as will be determined at the first meeting of the Issuer's compensation committee following November 30, 2018. Reporting Person retired as Chief Financial Officer effective September 28, 2016, and the unvested performance-based restricted stock units were cancelled.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000876167
Filing Metadata
- Form type
- 4
- Filed
- Oct 18, 8:00 PM ET
- Accepted
- Oct 19, 4:12 PM ET
- Size
- 21.5 KB