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PROGRESS SOFTWARE CORP /MA Director's Dealing 2014

Jul 9, 2014

31754_dirs_2014-07-09_6313d3c7-de9e-4c87-9423-a5ce901e8de2.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: 2014-07-07

Reporting Person: Andrews Joseph (SVP, Human Resources)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-07	Common Stock	M	7500	$21.50	Acquired	51082	Direct
2014-07-07	Common Stock	S	7500	$23.91	Disposed	43582	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-07	Employee Stock Option	$21.50	M	7500	Disposed	2014-10-15	Common Stock (7500)	Direct

Footnotes

F1: Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vested in 52 equal monthly increments commencing on November 1, 2007