PROGRESS SOFTWARE CORP /MA 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Oct 19, 2009
Insider Transaction Report
Form 4
STAMEN JEFFREY
Senior, VP Corp Dev & Strategy
Transactions
- Award
Employee Stock Option
2009-10-15+6,000→ 6,000 totalExercise: $23.90From: 2009-10-15Exp: 2016-10-14→ Common Stock (6,000 underlying) - Tax Payment
Common Stock
2009-10-01$22.34/sh−170$3,798→ 14,927 total
Footnotes (2)
- [F1]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 May 12, 2009.
- [F2]Eight -sixtieths of the option vests on the date of grant, thereafter the option vests in equal monthly increments over a 52 month period commencing November 1, 2009.