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PROGRESS SOFTWARE CORP /MA Director's Dealing 2010

Jan 19, 2010

31754_dirs_2010-01-19_247ab8c5-1a52-458f-bc16-834caa3a4fcf.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: 2010-01-15

Reporting Person: Benson David A (Sr. Vice President and CIO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-01-15 Employe Stock Option $29.21 A 15000 Acquired 2017-01-14 Common Stock (15000) Direct

Footnotes

F1: Shares represent New Hire Grant.

F2: Option vests in equal monthly increments over a 54 month period commencing on the first day following six months of service.