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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2012
May 31, 2012
31754_dirs_2012-05-31_4b907636-cea6-413a-84eb-7a7013b7f34a.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: 2012-05-28
Reporting Person: Aquilina Antonio J. (SVP, Strategy & Corp. Dev.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2012-05-28 | Common Stock | A | 16250 | — | Acquired | 32250 | Direct |
| 2012-05-28 | Common Stock | A | 6000 | — | Acquired | 38250 | Direct |
Footnotes
F1: Represents restricted stock units acquired by the Reporting Person 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. Each restricted stock unit vests in six equal semiannual installments beginning on October 1, 2012, subject to the continued employment of the Reporting Person with Progress Software Corporation.
F2: Represents restricted stock units acquired by the Reporting Person 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. Each restricted stock unit vests on June 1, 2013, subject to the continued employment of the Reporting Person with Progress Software Corporation.