Home/Filings/4/0001233845-11-000003
4//SEC Filing

PROGRESS SOFTWARE CORP /MA 4

Accession 0001233845-11-000003

$PRGSCIK 0000876167operating

Filed

Oct 17, 8:00 PM ET

Accepted

Oct 18, 5:04 PM ET

Size

7.4 KB

Accession

0001233845-11-000003

Insider Transaction Report

Form 4
Period: 2011-10-14
NEWFIELD CRAIG
SVP & General Counsel
Transactions
  • Award

    Common Stock

    2011-10-14$20.73/sh+15,000$310,95018,000 total
  • Award

    Stock Option

    2011-10-14+37,50037,500 total
    Exercise: $20.73Exp: 2018-10-14Common Stock (37,500 underlying)
Footnotes (3)
  • [F1]Represents restricted stock units acquired by Reporting Person as part of New Hire Grant pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. Each restricted stock unit vests in six equal semiannual installments beginning on April 1, 2012, subject to the continued employment of the Reporting Person with Progress Software Corporation.
  • [F2]Represent stock options acquired by the Reporting Person as part of a New Hire Grant pursuant to the Company's 2008 Stock Option and Incentive Plan.
  • [F3]These options vest in forty-two (42) equal monthly increments commencing on the first day of the month following the completion of six months of service by the Reporting Person.

Issuer

PROGRESS SOFTWARE CORP /MA

CIK 0000876167

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000876167

Filing Metadata

Form type
4
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 5:04 PM ET
Size
7.4 KB