PROGRESS SOFTWARE CORP /MA — Director's Dealing 2011

Oct 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2011-10-14

Reporting Person: Bates John (SVP, CTO, Head of Corp. Dev.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-14	Common Stock	A	10000	$20.73	Acquired	35546	Direct

Footnotes

F1: Represents restricted stock units acquired by Reporting Person as a special award pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. Half of the restricted stock units vest on June 15, 2012, and the remaining portion of the total award shall vest on January 15, 2013, subject to the continued employment of the Reporting Person with Progress Software Corporation.