Form 4 for PRGS PROGRESS SOFTWARE CORP /MA
Accepted 2022-05-09 00:00:00 ET · period of report 2022-05-05 · accession 0000876167-22-000102 · 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 | 2022-05-09 | 2022-05-05 | PRGS | LoCoco Domenic | CAO | S - Sale+OE | $49.08 | -1,756 | 1,647 | -52% | -$86.2K |
| D | 2022-05-09 | 2022-05-05 | PRGS | LoCoco Domenic | CAO | M - OptEx | $29.25 | +1,000 | 2,647 | +61% | +$29.2K |
| D | 2022-05-09 | 2022-05-05 | PRGS | LoCoco Domenic | CAO | M - OptEx | $0.00 | -1,000 | 264 | -79% | $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 | 2022-05-05 | S | D | 1,000 | $49.07 | 1,647 | D | — | — | (F4) This transaction was executed in multiple trades at prices ranging from $48.95 to $49.50 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 | 2022-05-05 | S | D | 269 | $49.11 | 2,134 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $48.97 to $49.50 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. (F2) Includes 385 shares of common stock acquired by the Reporting Person on March 31, 2022 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan. |
| 3 | Common | Common Stock | 2022-05-05 | S | D | 487 | $49.07 | 1,647 | D | — | — | (F3) This transaction was executed in multiple trades at prices ranging from $48.85 to $49.50 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. |
| 4 | Common | Common Stock | 2022-05-05 | M | A | 1,000 | $29.25 | 2,647 | D | — | — | |
| 5 | Derivative | Employee Stock Options (Right to buy) | 2022-05-05 | M | D | 1,000 | $0.00 | 264 | D | $29.25 · — to 2024-02-16 | 1,000 Common Stock | (F5) Options were granted to the Reporting Person on February 17, 2017 under the Company's 2008 Stock Option and Incentive Plan. As of April 1, 2021, all options were vested and exercisable. |