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PROGRESS SOFTWARE CORP /MA Director's Dealing 2010

Oct 29, 2010

31754_dirs_2010-10-29_9629eddb-fffa-4eba-9c0b-1a3cb3627b6d.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: 2010-10-27

Reporting Person: BYCOFF BARRY N (Director, Executive Chairman)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-10-27 Common Stock F 4980 $35.885 Disposed 66504 Direct

Footnotes

F1: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of reporting person upon the vesting of restricted stock units granted to the reporting person on January 12, 2010.