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PROGRESS SOFTWARE CORP /MA Director's Dealing 2010

Oct 19, 2010

31754_dirs_2010-10-19_c42090e7-6fc6-4d2e-814c-3f2d032859aa.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: 2010-10-15

Reporting Person: MARK MICHAEL (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-10-15 Nonqualified Stock Option $36.13 A 9825 Acquired 2017-10-15 Common Stock (9825) Direct

Footnotes

F1: Represents stock options issued to the reporting person under the 2008 Stock Option and Incentive Plan and 2010 Fiscal Year Non Employee Director Compensation Plan for services provided as a director for the second half of the 2010 fiscal year.