GUPTA RAM 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Apr 11, 2013
Insider Transaction Report
Form 4
GUPTA RAM
Director
Transactions
- Award
Common Stock
2013-04-09+9,320→ 23,985 total
Footnotes (1)
- [F1]Represents restricted stock units acquired by the Reporting Person pursuant to the 2008 Stock Option and Incentive Plan and 2013 Fiscal Year Non Employee Director Compensation Plan for services provided as a director applicable to the 2013 fiscal year. Each restricted stock unit represents the right to receive one share of common stock. The restricted stock units vest on December 1, 2013, subject to the Reporting Person's continued service on the Progress Software Corporation Board of Directors on such vesting date.