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PROGRESS SOFTWARE CORP /MA Director's Dealing 2013

Apr 11, 2013

31754_dirs_2013-04-11_a77fa782-4e3b-4c41-9cdc-1a69cf7a867c.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: 2013-04-09

Reporting Person: MARK MICHAEL (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-04-09 Stock Option $21.46 A 32841 Acquired 2020-04-08 Common Stock (32841) Direct

Footnotes

F1: Represents stock options granted to the Reporting Person under the 2008 Stock Option and Incentive Plan and 2013 Fiscal Year Non Employee Director Compensation Plan for services provided as a director applicable to the 2013 fiscal year.

F2: The option is exercisable in full on December 1, 2013, subject to the Reporting Person's continued service on the Progress Software Corporation Board of Directors on such vesting date.