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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2011
Apr 5, 2011
31754_dirs_2011-04-05_a9d38214-3de1-4af1-921d-204ea318a8d7.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: 2011-04-01
Reporting Person: BENTON DAVID H (VP and Corporate Controller)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-04-01 | Common Stock | F | 361 | $29.525 | Disposed | 38541 | Direct |
| 2011-04-01 | Common Stock | F | 255 | $29.525 | Disposed | 38286 | 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: Includes 517 shares acquired through Issuer's Employee Stock Purchase Plan on September 30, 2010.
F4: This share amount has been adjusted to reflect the Issuer's 3-for-2 stock split which was completed on January 28, 2011.