PROGRESS SOFTWARE CORP /MA 4
4 · PROGRESS SOFTWARE CORP /MA · Filed Oct 18, 2016
Insider Transaction Report
Form 4
Kane Charles Francis
Director
Transactions
- Exercise/Conversion
Stock Option
2016-10-14−7,705→ 0 totalExercise: $15.93Exp: 2016-10-15→ Common Stock (7,705 underlying) - Tax Payment
Common Stock
2016-10-14$27.21/sh−4,512$122,772→ 79,117 total - Exercise/Conversion
Common Stock
2016-10-14$15.93/sh+7,705$122,741→ 83,629 total
Footnotes (2)
- [F1]Represents shares of common stock withheld by Issuer to pay the aggregate exercise price of the underlying stock option of the Reporting Person.
- [F2]Represents fully vested options to purchase common stock issued to the reporting person under the 2008 Stock Option and Incentive Plan and 2009 Fiscal Year Non Employee Director Compensation Plan for services provided as a director for the second half of the 2009 fiscal year.