GUPTA RAM 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Mar 5, 2012
Insider Transaction Report
Form 4
GUPTA RAM
Director
Transactions
- Exercise/Conversion
Common Stock
2012-03-01$13.01/sh+625$8,131→ 5,255 total - Sale
Common Stock
2012-03-01$23.15/sh−625$14,469→ 4,630 total - Exercise/Conversion
Stock Option
2012-03-01−625→ 8,125 totalExercise: $13.01Exp: 2015-10-15→ Common Stock (625 underlying)
Footnotes (2)
- [F1]The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2011.
- [F2]Six - sixtieths of the option vested on the date of grant, thereafter the option vests in equal monthly increments over a 54 month period commencing on November 1, 2008.