4//SEC Filing
PROGRESS SOFTWARE CORP /MA 4
Accession 0001465475-15-000004
$PRGSCIK 0000876167operating
Filed
Oct 4, 8:00 PM ET
Accepted
Oct 5, 4:33 PM ET
Size
25.5 KB
Accession
0001465475-15-000004
Insider Transaction Report
Form 4
Benson David A
Sr. Vice President and CIO
Transactions
- Exercise/Conversion
Common Stock
2015-10-01+387→ 44,688 total - Exercise/Conversion
Restricted Stock Units
2015-10-01−1,500→ 1,500 total→ Common Stock (1,500 underlying) - Exercise/Conversion
Common Stock
2015-10-01+1,500→ 43,638 total - Tax Payment
Common Stock
2015-10-01$25.54/sh−384$9,807→ 44,301 total - Tax Payment
Common Stock
2015-10-01$25.54/sh−126$3,218→ 44,562 total - Exercise/Conversion
Restricted Stock Units
2015-10-01−525→ 1,575 total→ Common Stock (525 underlying) - Tax Payment
Common Stock
2015-10-01$25.54/sh−488$12,464→ 43,150 total - Tax Payment
Common Stock
2015-10-01$25.54/sh−171$4,367→ 43,504 total - Exercise/Conversion
Common Stock
2015-10-01+1,181→ 44,685 total - Exercise/Conversion
Common Stock
2015-10-01+525→ 43,675 total - Exercise/Conversion
Restricted Stock Units
2015-10-01−1,181→ 1,180 total→ Common Stock (1,181 underlying) - Exercise/Conversion
Restricted Stock Units
2015-10-01−387→ 1,940 total→ Common Stock (387 underlying)
Footnotes (9)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]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 January 22, 2013.
- [F3]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 January 13, 2014.
- [F4]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 January 7, 2014.
- [F5]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 January 29, 2015.
- [F6]On January 22, 2013, the Reporting Person was granted 9,000 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2013, subject to the continued employment of the Reporting Person with Issuer.
- [F7]On January 13, 2014, the Reporting Person was granted 3,148 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2014, subject to the continued employment of the Reporting Person with Issuer.
- [F8]On January 7, 2014, the Reporting Person was granted 7,080 restricted stock units, vesting in five installments, with one-third vesting on April 1, 2014 and the remaining restricted stock units vesting in four equal semi-annual installments, subject to the continued employment of the Reporting Person with Issuer.
- [F9]On January 29, 2015, the Reporting Person was granted 2,327 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2015, subject to the continued employment of the Reporting Person with Issuer.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000876167
Filing Metadata
- Form type
- 4
- Filed
- Oct 4, 8:00 PM ET
- Accepted
- Oct 5, 4:33 PM ET
- Size
- 25.5 KB