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4//SEC Filing

PROGRESS SOFTWARE CORP /MA 4

Accession 0001547157-14-000005

$PRGSCIK 0000876167operating
View on SEC.govCompany Profile

Filed

Sep 3, 8:00 PM ET

Accepted

Sep 4, 1:38 PM ET

Size

36.1 KB

Accession

0001547157-14-000005

Insider Transaction Report

Form 4
Period: 2014-09-01
PROGRESS SOFTWARE CORP /MAPRGS
Zupsic Andrew
SVP, Global Field Operations
Transactions
  • Tax Payment

    Common Stock

    2014-09-01$23.06/sh−1,981$45,682→ 93,879 total
  • Exercise/Conversion

    Common Stock

    2014-09-01−33,334→ 0 total
    → Common Stock (33,334 underlying)
  • Exercise/Conversion

    Common Stock

    2014-09-01−6,000→ 0 total
    → Common Stock (3,000 underlying)
  • Exercise/Conversion

    Common Stock

    2014-09-01−6,251→ 0 total
    → Common Stock (3,125 underlying)
  • Exercise/Conversion

    Common Stock

    2014-09-01−4,896→ 0 total
    → Common Stock (4,896 underlying)
  • Tax Payment

    Common Stock

    2014-09-01$23.06/sh−2,623$60,486→ 91,140 total
  • Award

    Common Stock

    2014-09-01$23.06/sh+33,334$768,682→ 97,770 total
  • Award

    Common Stock

    2014-09-01$23.06/sh+6,000$138,360→ 90,029 total
  • Award

    Common Stock

    2014-09-01$23.06/sh+4,720$108,843→ 95,860 total
  • Tax Payment

    Common Stock

    2014-09-01$23.06/sh−2,054$47,365→ 96,721 total
  • Exercise/Conversion

    Common Stock

    2014-09-01−4,720→ 0 total
    → Common Stock (4,720 underlying)
  • Tax Payment

    Common Stock

    2014-09-01$23.06/sh−13,741$316,867→ 84,029 total
  • Tax Payment

    Common Stock

    2014-09-01$23.06/sh−2,517$58,042→ 87,512 total
  • Award

    Common Stock

    2014-09-01$23.06/sh+6,251$144,148→ 93,763 total
  • Award

    Common Stock

    2014-09-01$23.06/sh+4,896$112,902→ 98,775 total
Footnotes (17)
  • [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]On January 22, 2013, the Reporting Person was granted 18,000 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.
  • [F11]As of the date of this filing, 6,000 restricted stock units have already vested and been released.
  • [F12]On January 22, 2013, the Reporting Person was granted 18,750 restricted stock units, vesting in five installments, with one-third vesting on April 1, 2013 and the remaining restricted stock units vesting in four equal semi-annual installments, subject to the continued employment of the Reporting Person with Issuer.
  • [F13]As of the date of this filing, 12,499 restricted stock units have already vested and been released.
  • [F14]On January 7, 2014, the Reporting Person was granted 14,160 restricted stock units upon conversion of performance share units relating to FY13 performance pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vested on April 1, 2014, with the remaining restricted stock units vesting in four semiannual installments over two years, subject to the continued employment of the Reporting Person with Issuer.
  • [F15]As of the date of this filing, 4,719 restricted stock units have already vested and been released.
  • [F16]On January 13, 2014, the Reporting Person was granted 14,688 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.
  • [F17]As of the date of this filing, no restricted stock units have vested previously or been released.
  • [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 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 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 13, 2014.
  • [F6]Restricted stock units convert into common stock on a one-for-one basis.
  • [F7]Reflects the accelerated vesting of all or a portion of previously granted restricted stock units immediately prior to the termination of employment of the Reporting Person with Issuer.
  • [F8]On May 28, 2012, the Reporting Person was granted 100,000 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2012, subject to the continued employment of the Reporting Person with Issuer.
  • [F9]As of the date of this filing, 66,666 restricted stock units have already vested and been released.

Documents

2 files

Issuer

PROGRESS SOFTWARE CORP /MA

CIK 0000876167

→
Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0000876167

Filing Metadata

Form type
4
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 1:38 PM ET
Size
36.1 KB
View on SEC.gov