SEC Form 4 · accession 0000876167-18-000110
PROGRESS SOFTWARE CORP /MA · PRGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Egan
Director
Period of report
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 4:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000876167
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Oct 1, 2018 | M | 4,521 | $20.73 | A | 58,079 | D | |
| Common StockF1 | Oct 1, 2018 | F | 2,624 | $35.7226 | D | 55,455 | D | |
| Common Stock | Oct 1, 2018 | M | 27,125 | $20.73 | A | 82,580 | D | |
| Common StockF1 | Oct 1, 2018 | F | 15,741 | $35.7226 | D | 66,839 | D | |
| Common Stock | Oct 1, 2018 | M | 18,484 | $19.93 | A | 85,323 | D | |
| Common StockF1 | Oct 1, 2018 | F | 10,312 | $35.7226 | D | 75,011 | D | |
| Common Stock | Oct 1, 2018 | M | 8,210 | $21.46 | A | 83,221 | D | |
| Common StockF1 | Oct 1, 2018 | F | 4,932 | $35.7226 | D | 78,289 | D | |
| Common Stock | Oct 1, 2018 | M | 8,403 | $21.80 | A | 86,692 | D | |
| Common StockF1 | Oct 1, 2018 | F | 5,128 | $35.7226 | D | 81,564 | D | |
| Common Stock | Oct 1, 2018 | M | 5,889 | $25.76 | A | 87,453 | D | |
| Common StockF1 | Oct 1, 2018 | F | 4,247 | $35.7226 | D | 83,206 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $20.73 | Oct 1, 2018 | M | 4,521 | D | Oct 1, 2011 | Oct 14, 2018 | Common Stock | 4,521 | 0 | D |
| Stock OptionsF2 | $20.73 | Oct 1, 2018 | M | 27,125 | D | — | Oct 14, 2018 | Common Stock | 27,125 | 0 | D |
| Stock Options | $19.93 | Oct 1, 2018 | M | 18,484 | D | Dec 1, 2012 | May 28, 2019 | Common Stock | 18,484 | 0 | D |
| Stock Options | $21.46 | Oct 1, 2018 | M | 8,210 | D | Dec 1, 2013 | Apr 8, 2020 | Common Stock | 8,210 | 0 | D |
| Stock Options | $21.80 | Oct 1, 2018 | M | 8,403 | D | Dec 1, 2014 | Mar 30, 2021 | Common Stock | 8,403 | 0 | D |
| Stock Option | $25.76 | Oct 1, 2018 | M | 5,889 | D | Dec 1, 2015 | Apr 5, 2022 | Common Stock | 5,889 | 0 | D |
Explanation of responses
- F1Represents shares of common stock withheld by Progress Software Corporation to pay the option exercise price in connection with the exercise of options by the Reporting Person on October 1, 2018.
- F21131 options vested on October 1, 2011. The remainder of the options vested on August 1, 2015.