PROGRESS SOFTWARE CORP /MA 4

Accession 0001483955-14-000008

$PRGSCIK 0000876167operating

View on SEC.gov Company Profile

Filed

Oct 7, 8:00 PM ET

Accepted

Oct 8, 1:57 PM ET

Size

41.7 KB

Accession

0001483955-14-000008

Insider Transaction Report

Form 4

Period: 2014-10-06

PROGRESS SOFTWARE CORP /MAPRGS

Andrews Joseph

VP, Human Resources

Transactions

Award
Common Stock
2014-10-06$24.38/sh+2,709$66,045→ 54,541 total
Exercise/Conversion
Common Stock
2014-10-06−2,500→ 0 total
→ Common Stock (2,500 underlying)
Tax Payment
Common Stock
2014-10-06$24.38/sh−860$20,967→ 58,303 total
Tax Payment
Common Stock
2014-10-06$24.38/sh−1,164$28,378→ 53,377 total
Tax Payment
Common Stock
2014-10-06$24.38/sh−1,856$45,249→ 61,155 total
Exercise/Conversion
Common Stock
2014-10-06−5,000→ 0 total
→ Common Stock (5,000 underlying)
Award
Common Stock
2014-10-06$24.38/sh+1,468$35,790→ 59,771 total
Award
Common Stock
2014-10-06$24.38/sh+1,823$44,445→ 59,163 total
Tax Payment
Common Stock
2014-10-06$24.38/sh−2,358$57,488→ 56,019 total
Tax Payment
Common Stock
2014-10-06$24.38/sh−694$16,920→ 59,077 total
Exercise/Conversion
Common Stock
2014-10-06−3,934→ 0 total
→ Common Stock (3,934 underlying)
Award
Common Stock
2014-10-06$24.38/sh+5,000$121,900→ 58,377 total
Exercise/Conversion
Common Stock
2014-10-06−1,823→ 0 total
→ Common Stock (1,823 underlying)
Award
Common Stock
2014-10-06$24.38/sh+3,934$95,911→ 63,011 total
Exercise/Conversion
Common Stock
2014-10-06−2,709→ 0 total
→ Common Stock (2,709 underlying)
Award
Common Stock
2014-10-06$24.38/sh+2,500$60,950→ 58,519 total
Tax Payment
Common Stock
2014-10-06$24.38/sh−1,179$28,744→ 57,340 total
Exercise/Conversion
Common Stock
2014-10-06−1,468→ 0 total
→ Common Stock (1,468 underlying)

Footnotes (20)

[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 28, 2012.
[F10]As of the date of this filing, 8,756 restricted stock units have already vested and been released.
[F11]On January 22, 2013, the reporting person was granted 15,000 restricted stock units, vesting in six equal installments beginning on October 1, 2013 and continuing every six months thereafter until fully vested, subject to the continued employment of the Reporting Person with Issuer.
[F12]As of the date of this filing, 4,692 restricted stock units have already vested and been released.
[F13]On January 22, 2013, the reporting person was granted 10,000 restricted stock units, vesting in six equal installments beginning on October 1, 2013 and continuing every six months thereafter until fully vested, subject to the continued employment of the Reporting Person with Issuer.
[F14]As of the date of this filing, 4,692 restricted stock units have already vested and been released.
[F15]On January 22, 2013, the reporting person was granted 10,938 restricted stock units, 3,645 of which vested on April 1, 2013 with the rest vesting in four equal installments beginning on October 1, 2013 and continuing every six months thereafter until fully vested, subject to the continued employment of the Reporting Person with Issuer.
[F16]As of the date of this filing, 5,877 restricted stock units have already vested and been released.
[F17]On January 13, 2014, the Reporting Person was granted 4,407 restricted stock units vesting in six equal semiannual installments beginning on October 1, 2014, subject to the continued employment of the Reporting Person with Issuer.
[F18]As of the date of this filing, 495 restricted stock units have already vested and been released.
[F19]On January 7, 2014, the Reporting Person was granted 11,800 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.
[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.
[F20]As of the date of this filing, 3,978 restricted stock units have already vested and been released.
[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 22, 2013.
[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 22, 2013.
[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 13, 2014.
[F6]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.
[F7]Restricted stock units convert into common stock on a one-for-one basis.
[F8]Reflects the accelerated vesting of all or a portion of previously granted restricted stock units immediately prior to the termination of the Reporting Person with Issuer.
[F9]On May 28, 2012, the reporting person was granted 16,250 restricted stock units, vesting in six equal installments beginning on October 1, 2012 and continuing every six months thereafter until fully vested, subject to the continued employment of the Reporting Person with Issuer.

Documents

2 files

Issuer

PROGRESS SOFTWARE CORP /MA

CIK 0000876167

→

Entity typeoperating

IncorporatedDE

Related Parties

filerCIK 0000876167

Filing Metadata

Form type: 4
Filed: Oct 7, 8:00 PM ET
Accepted: Oct 8, 1:57 PM ET
Size: 41.7 KB

View on SEC.gov