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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2013
May 22, 2013
31754_dirs_2013-05-22_29245725-9c40-49b7-905e-b164bb710b6c.zip
Director's Dealing
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SEC Form 4/A — Form 4/A
Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2013-05-17
Reporting Person: MARK MICHAEL (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-05-17 | Common Stock | M | 16687 | $15.38 | Acquired | 158062 | Direct |
| 2013-05-17 | Common Stock | F | 10676 | $24.04 | Disposed | 147386 | Direct |
Footnotes
F1: This Form is being filed to report the exercise of a stock option for a total of 16,687 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 6,011 shares of common stock.
F2: Due to a clerical error, the amount of securities beneficially owned in the previous Form 4 did not include all securities owned by the Reporting Person. This amended Form 4 is being filed to correctly report the total amount of securities beneficially owned by the Reporting Person.