Form 4 for PRGS PROGRESS SOFTWARE CORP /MA
Accepted 2022-04-05 00:00:00 ET · period of report 2022-04-01 · accession 0000876167-22-000082 · 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 | 2022-04-05 | 2022-04-01 | PRGS | Ortiz Jennifer | EVP, Corp. Marketing | F - Tax | $46.94 | -509 | 3,926 | -11% | -$23.9K |
| DM | 2022-04-05 | 2022-04-01 | PRGS | Ortiz Jennifer | EVP, Corp. Marketing | M - OptEx | $0.00 | +1,226 | 3,996 | +44% | $0 |
| DM | 2022-04-05 | 2022-04-01 | PRGS | Ortiz Jennifer | EVP, Corp. Marketing | M - OptEx | $0.00 | -1,226 | 531 | -70% | $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 | 2022-04-01 | F | D | 203 | $46.94 | 4,545 | D | — | — | (F5) Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 19, 2021. |
| 2 | Common | Common Stock | 2022-04-01 | M | A | 489 | $0.00 | 4,748 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2022-04-01 | F | D | 110 | $46.94 | 4,259 | D | — | — | (F4) Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 21, 2020. |
| 4 | Common | Common Stock | 2022-04-01 | M | A | 265 | $0.00 | 4,369 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 5 | Common | Common Stock | 2022-04-01 | F | D | 126 | $46.94 | 4,104 | D | — | — | (F3) Represents shares of common stock withheld by Progress Software Corporation (the "Company") to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on July 1, 2019. |
| 6 | Common | Common Stock | 2022-04-01 | M | A | 304 | $0.00 | 4,230 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 7 | Common | Common Stock | 2022-04-01 | M | A | 168 | $0.00 | 3,996 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 8 | Common | Common Stock | 2022-04-01 | F | D | 70 | $46.94 | 3,926 | D | — | — | (F2) Represents shares of common stock withheld by Progress Software Corporation (the "Company") to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 22, 2019. |
| 9 | Derivative | Restricted Stock Units | 2022-04-01 | M | D | 489 | $0.00 | 1,957 | D | — · — to — | 489 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F9) On January 19, 2021, the Reporting Person was granted 2,935 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2021, subject to the continued employment of the Reporting Person with the Company. |
| 10 | Derivative | Restricted Stock Units | 2022-04-01 | M | D | 304 | $0.00 | 304 | D | — · — to — | 304 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F7) On July 1, 2019, the Reporting Person was granted 1,820 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning April 1, 2020, subject to the continued employment of the Reporting Person with the Company. |
| 11 | Derivative | Restricted Stock Units | 2022-04-01 | M | D | 168 | $0.00 | 0 | D | — · — to — | 168 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F6) On January 22, 2019, the Reporting Person was granted 1,008 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2019, subject to the continued employment of the Reporting Person with the Company. |
| 12 | Derivative | Restricted Stock Units | 2022-04-01 | M | D | 265 | $0.00 | 531 | D | — · — to — | 265 Common Stock | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F8) On January 21, 2020, the Reporting Person was granted 1,591 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2020, subject to the continued employment of the Reporting Person with the Company. |