PROGRESS SOFTWARE CORP /MA — Director's Dealing 2010

Apr 16, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2010-04-14

Reporting Person: ROBERTSON NORMAN R (Senior VP, Finance and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-14	Common Stock	M	50000	$16.99	Acquired	63563	Direct
2010-04-14	Common Stock	S	50000	$32.1686	Disposed	13563	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-14	Employee Stock Option	$16.99	M	50000	Disposed	2013-02-23	Common Stock (50000)	Direct

Footnotes

F1: The option was originally granted on February 24, 2003 and vested in 60 equal monthly increments commencing on March 1, 2003.