PROGRESS SOFTWARE CORP /MA — Director's Dealing 2014

Nov 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2014-10-31

Reporting Person: Goodson John (SVP, CPO & CTO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-31	Common Stock	M	22500	$19.96	Acquired	82352	Direct
2014-10-31	Common Stock	S	22500	$25.73	Disposed	59852	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-31	Employee Stock Option	$19.96	M	22500	Disposed	2015-04-23	Common Stock (22500)	Direct

Footnotes

F1: Two-sixtieths (2/60) of the options were vested and exercisable on the grant date. The remaining options vested in 58 equal monthly increments commencing on May 1, 2008.