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PROGRESS SOFTWARE CORP /MA Director's Dealing 2010

Apr 1, 2010

31754_dirs_2010-04-01_d67674c0-15bc-424b-9c5d-126f2e6714af.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2010-03-30

Reporting Person: Goodson John (VP & General Mgr. DataDirect)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-30	Common Stock	M	2816	$19.51	Acquired	10197	Direct
2010-03-30	Common Stock	S	2816	$32.00	Disposed	7381	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-30	Employee Stock Option	$19.51	M	2816	Disposed	2015-10-15	Common Stock (2816)	Direct

Footnotes

F1: Eitght-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vest in 52 equal monthly increments commencing on November 1, 2008