PROGRESS SOFTWARE CORP /MA — Director's Dealing 2010

Feb 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2010-02-16

Reporting Person: IRELAND DAVID G (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-02-16	Common Stock	M	2000	$23.00	Acquired	13741	Direct
2010-02-16	Common Stock	S	2000	$27.68	Disposed	11741	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-02-16	Employee Stock Option	$23.00	M	2000	Acquired	2010-02-18	Common Stock (2000)	Direct

Footnotes

F1: These options were originally granted on February 18, 2000 and vested in 60 equal monthly increments of 1,000 shares commencing on March 1, 2000.