AI assistant
PROGRESS SOFTWARE CORP /MA — Director's Dealing 2010
Nov 22, 2010
31754_dirs_2010-11-22_40f46ee4-a4a0-4586-9555-c79ea8fc9660.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2010-11-18
Reporting Person: FREEDMAN JAMES (Senior VP & General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-11-18 | Common Stock | M | 100 | $23.07 | Acquired | 10065 | Direct |
| 2010-11-18 | Common Stock | S | 100 | $38.72 | Disposed | 9965 | Direct |
| 2010-11-18 | Common Stock | M | 10671 | $23.07 | Acquired | 20636 | Direct |
| 2010-11-18 | Common Stock | S | 10671 | $38.50 | Disposed | 9965 | Direct |
| 2010-11-18 | Common Stock | M | 600 | $23.07 | Acquired | 100565 | Direct |
| 2010-11-18 | Common Stock | S | 600 | $38.68 | Disposed | 9965 | Direct |
| 2010-11-18 | Common Stock | M | 628 | $23.07 | Acquired | 10593 | Direct |
| 2010-11-18 | Common Stock | S | 628 | $38.74 | Disposed | 9965 | Direct |
| 2010-11-18 | Common Stock | M | 409 | $23.07 | Acquired | 10374 | Direct |
| 2010-11-18 | Common Stock | S | 409 | $38.60 | Disposed | 9965 | Direct |
| 2010-11-19 | Common Stock | M | 92 | $23.07 | Acquired | 10057 | Direct |
| 2010-11-19 | Common Stock | S | 92 | $38.79 | Disposed | 9965 | Direct |
| 2010-11-19 | Common Stock | M | 1500 | $19.51 | Acquired | 11465 | Direct |
| 2010-11-19 | Common Stock | S | 1500 | $38.79 | Disposed | 9965 | Direct |
| 2010-11-19 | Common Stock | M | 1200 | $22.01 | Acquired | 11165 | Direct |
| 2010-11-19 | Common Stock | S | 1200 | $38.79 | Disposed | 9965 | Direct |
| 2010-11-19 | Common Stock | M | 2800 | $23.90 | Acquired | 12765 | Direct |
| 2010-11-19 | Common Stock | S | 2800 | $38.79 | Disposed | 9965 | Direct |
| 2010-11-19 | Common Stock | M | 400 | $25.01 | Acquired | 10365 | Direct |
| 2010-11-19 | Common Stock | S | 400 | $38.96 | Disposed | 9965 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-11-18 | Employee Stock Option | $23.07 | M | 12408 | Disposed | 2013-05-21 | Common Stock (12408) | Direct |
| 2010-11-19 | Employee Stock Option | $23.07 | M | 92 | Disposed | 2013-05-21 | Common Stock (92) | Direct |
| 2010-11-19 | Employee Stock Option | $19.51 | M | 1500 | Disposed | 2015-10-15 | Common Stock (1500) | Direct |
| 2010-11-19 | Employee Stock Option | $22.01 | M | 1200 | Disposed | 2016-05-11 | Common Stock (1200) | Direct |
| 2010-11-19 | Employee Stock Option | $23.90 | M | 2800 | Disposed | 2016-10-15 | Common Stock (2800) | Direct |
| 2010-11-19 | Employee Stock Option | $25.01 | M | 400 | Disposed | 2013-09-19 | Common Stock (400) | Direct |
Footnotes
F1: Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vest in 57 equal monthly increments commencing on June 1, 2006.
F2: Eight-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.
F3: Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vest in 57 equal monthly increments commencing on June 1, 2009.
F4: Eight-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, 2009.
F5: Seven-sixtieths (7/60) of the options were vested and exercisable on the grant date. The remaining options vest in 52 equal monthly increments commencing on October 1, 2006.