Andersen Chris 4
4 · PROGRESS SOFTWARE CORP /MA · Filed May 31, 2012
Insider Transaction Report
Form 4
Andersen Chris
VP, Corp. Controller and CAO
Transactions
- Award
Common Stock
2012-05-28+10,500→ 19,964 total
Footnotes (1)
- [F1]Represents restricted stock units acquired by the Reporting Person 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 October 1, 2012, subject to the continued employment of the Reporting Person with Progress Software Corporation.