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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2010
May 5, 2010
31754_dirs_2010-05-05_9dce2adc-fa13-4ac9-92f8-173d6c922c04.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: 2010-05-03
Reporting Person: ROBERTSON NORMAN R (Senior VP, Finance and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-05-03 | Common Stock | M | 23000 | $21.86 | Acquired | 36563 | Direct |
| 2010-05-03 | Common Stock | S | 23000 | $32.405 | Disposed | 13563 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-05-03 | Employee Stock Option | $21.86 | M | 23000 | Disposed | 2013-11-10 | Common Stock (23000) | Direct |
Footnotes
F1: Nine-sixtieths (9/60) of the option were vested and exercisable on the grant date. The remaining options vested in 51 equal monthly increments commencing on December 1, 2003.
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