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PROGRESS SOFTWARE CORP /MA Director's Dealing 2012

Oct 30, 2012

31754_dirs_2012-10-30_52bc413b-f23c-4e9f-92fe-2de214d98c77.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: 2012-10-01

Reporting Person: Andrews Joseph (SVP, Human Resources)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-10-01 Common Stock F 2708 $21.66 Disposed 39539 Direct
2012-10-01 Common Stock F 933 $21.66 Acquired 38603 Direct
2012-10-01 Common Stock F 2000 $21.66 Disposed 36603 Direct

Footnotes

F1: Represents shares of common stock withheld by Issuer to pay withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on May 28, 2012.

F2: Represents shares of common stock withheld by Issuer to pay withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on April 28, 2011.

F3: Represents shares of common stock withheld by Issuer to pay withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on April 27, 2010.

F4: Includes 3 shares acquired through Employee Stock Purchase Plan on September 30, 2012.