SEC Form 4 · accession 0001270656-17-000009
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
Apr 24, 2017
Accepted (ET)
Apr 25, 2017 · 2:38 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 | Apr 24, 2017 | M | 6,480 | $21.32 | A | 67,771 | D | |
| Common Stock | Apr 24, 2017 | F | 4,654 | $29.69 | D | 63,117 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionsF1 | $21.32 | Apr 24, 2017 | M | 6,480 | D | Apr 27, 2010 | Apr 27, 2017 | Common Stock | 6,480 | 0 | D |
Explanation of responses
- F1Two-sixtieths (2/60) of the options were vested and exercisable on the grant date. The remaining options vested in 58 equal monthly increments commencing on May 1, 2010.