Form 4 for PRGS PROGRESS SOFTWARE CORP /MA
Accepted 2021-11-04 00:00:00 ET · period of report 2021-11-02 · accession 0000876167-21-000159 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-11-04 | 2021-11-02+ | PRGS | QUINN GARY | EVP | S - Sale+OE | $52.11 | -40.1K | 9,817 | -80% | -$2.09M |
| DM | 2021-11-04 | 2021-11-02+ | PRGS | QUINN GARY | EVP | M - OptEx | $37.14 | +40.1K | 34.8K | New | +$1.49M |
| DM | 2021-11-04 | 2021-11-02+ | PRGS | QUINN GARY | EVP | M - OptEx | $0.00 | -40.1K | 3,196 | -93% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-11-03 | S | D | 3,196 | $52.05 | 9,817 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $52.00 to $52.335 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. |
| 2 | Common | Common Stock | 2021-11-03 | S | D | 12,020 | $52.05 | 9,817 | D | — | — | (F2) This transaction was executed in multiple trades at prices ranging from $52.00 to $52.335 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. |
| 3 | Common | Common Stock | 2021-11-03 | M | A | 12,020 | $34.73 | 21,837 | D | — | — | |
| 4 | Common | Common Stock | 2021-11-03 | M | A | 3,196 | $38.17 | 13,013 | D | — | — | |
| 5 | Common | Common Stock | 2021-11-02 | M | A | 24,934 | $38.17 | 34,751 | D | — | — | |
| 6 | Common | Common Stock | 2021-11-02 | S | D | 24,934 | $52.14 | 9,817 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $52.00 to $52.305 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. |
| 7 | Derivative | Employee Stock Options (Right to buy) | 2021-11-03 | M | D | 12,020 | $0.00 | 7,211 | D | $34.73 · — to 2026-01-21 | 12,020 Common Stock | (F4) Options were granted to the Reporting Person on January 22, 2019 under the Company's 2008 Stock Option and Incentive Plan. 12,020 options are vested and exercisable. |
| 8 | Derivative | Employee Stock Options (Right to buy) | 2021-11-03 | M | D | 3,196 | $0.00 | 0 | D | $38.17 · — to 2024-09-28 | 3,196 Common Stock | (F3) Options were granted to the Reporting Person on September 29, 2017 under Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan. As of October 1, 2021, all options were vested and exercisable. |
| 9 | Derivative | Employee Stock Options (Right to buy) | 2021-11-02 | M | D | 24,934 | $0.00 | 3,196 | D | $38.17 · — to 2024-09-28 | 24,934 Common Stock | (F3) Options were granted to the Reporting Person on September 29, 2017 under Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan. As of October 1, 2021, all options were vested and exercisable. |