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PROGRESS SOFTWARE CORP /MA Director's Dealing 2011

Oct 4, 2011

31754_dirs_2011-10-04_3bc473ab-be2d-4242-8069-c1ccb10dd84f.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: 2011-10-01

Reporting Person: Andrews Joseph (SVP, Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-10-01 Common Stock F 318 $17.745 Disposed 25150 Direct
2011-10-01 Common Stock F 635 $17.745 Disposed 24515 Direct
2011-10-01 Common Stock F 297 $17.745 Disposed 26363 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 May 12, 2009.

F2: 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 April 27, 2010.

F3: 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 April 28, 2011.

F4: Includes 2,145 shares acquired through Employee Stock Purchase Plan on March 31, 2011