PROGRESS SOFTWARE CORP /MA — Director's Dealing 2013

Aug 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2013-08-02

Reporting Person: MARK MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-08-02	Common Stock	M	16687	$16.67	Acquired	164073	Direct
2013-08-02	Common Stock	F	10841	$25.67	Disposed	153232	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-08-02	Stock Option	$16.67	M	16687	Disposed	2013-09-19	Common Stock (16687)	Direct

Footnotes

F1: This Form is being filed to report the exercise of a stock option for a total of 10,841 shares by means of a stock swap. A stock swap is a method of exercising a stock option in which the option holder attests to the ownership of enough shares of stock already owned by the option holder to cover the exercise price of the option being exercised. As a result of this stock swap, the Reporting Person acquired ownership of an additional 5,846 shares of common stock.