SEC Form 4 · accession 0001270656-16-000008
PROGRESS SOFTWARE CORP /MA · PRGS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen H Faberman
Officer — Chief Legal Officer
Period of report
Jan 14, 2016
Accepted (ET)
Jan 19, 2016 · 12:24 pm EST
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 | Jan 14, 2016 | M | 4,500 | $11.37 | A | 46,909 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $11.37 | Jan 14, 2016 | M | 4,500 | D | Jan 15, 2009 | Jan 14, 2016 | Common Stock | 4,500 | 0 | D |
Explanation of responses
- F1Reflects options granted to the reporting person on January 15, 2009. The option was fully vested upon the exercise date.