4//SEC Filing
Andersen Chris 4
Accession 0001528280-11-000004
CIK 0000876167other
Filed
Oct 17, 8:00 PM ET
Accepted
Oct 18, 4:24 PM ET
Size
7.4 KB
Accession
0001528280-11-000004
Insider Transaction Report
Form 4
Andersen Chris
VP, Corp. Controller and CAO
Transactions
- Award
Stock Option
2011-10-14+25,000→ 25,000 totalExercise: $20.73Exp: 2018-10-14→ Common Stock (25,000 underlying) - Award
Common Stock
2011-10-14$20.73/sh+10,000$207,300→ 10,000 total
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.
Documents
Issuer
PROGRESS SOFTWARE CORP /MA
CIK 0000876167
Entity typeother
Related Parties
1- filerCIK 0001528280
Filing Metadata
- Form type
- 4
- Filed
- Oct 17, 8:00 PM ET
- Accepted
- Oct 18, 4:24 PM ET
- Size
- 7.4 KB