PROGRESS SOFTWARE CORP /MA — Director's Dealing 2013

Aug 5, 2013

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2013-07-10

Reporting Person: Padir Karen T. (SVP & CTO)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5646	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Restricted Stock Unit	$0		Common Stock (50000)		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 April 1, 2013, subject to the continued employment of the Reporting Person with Progress Software Corporation.

F2: As of the date of this filing, 8,333 restricted stock units have vested.