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PROGRESS SOFTWARE CORP /MA Director's Dealing 2010

Oct 5, 2010

31754_dirs_2010-10-05_26e3be5b-1a25-4f14-b9c2-95fc974a80db.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: 2010-10-01

Reporting Person: Benson David A (EVP and CIO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-01	Common Stock	F	424	$32.965	Disposed	15152	Direct
2010-10-01	Common Stock	F	424	$32.965	Disposed	14784	Direct

Footnotes

F1: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of reporting person upon the vesting of restricted stock units granted to the reporting person on July 15, 2009.

F2: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of reporting person upon the vesting of restricted stock units granted to the reporting person on April 27, 2010

F3: Includes 56 shares acquired through Employee Stock Purchase Plan on June 30, 2010.