PROGRESS SOFTWARE CORP /MA — Director's Dealing 2011

Nov 1, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2011-10-28

Reporting Person: Goodson John (SVP & Chief Prod Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-28	Common Stock	M	1682	$13.01	Acquired	31888	Direct
2011-10-28	Common Stock	S	1682	$22.21	Disposed	30206	Direct
2011-10-28	Common Stock	M	400	$13.01	Acquired	30606	Direct
2011-10-28	Common Stock	S	400	$22.23	Disposed	30206	Direct
2011-10-28	Common Stock	M	336	$13.01	Acquired	30542	Direct
2011-10-28	Common Stock	S	336	$22.24	Disposed	30206	Direct
2011-10-28	Common Stock	M	1458	$13.01	Acquired	31664	Direct
2011-10-28	Common Stock	S	1458	$22.25	Disposed	30206	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-28	Stock Option	$13.01	M	3876	Disposed	2015-10-15	Common Stock (3876)	Direct

Footnotes

F1: Eight -sixtieths of the option vested on the date of grant, thereafter the option vests in equal monthly increments over a 52 month period commencing November 1, 2008