PROGRESS SOFTWARE CORP /MA — Director's Dealing 2015

Jul 8, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2015-07-06

Reporting Person: FABERMAN STEPHEN H (SVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-07-06	Common Stock	M	4500	$17.37	Acquired	41916	Direct
2015-07-06	Common Stock	S	4500	$30.35	Disposed	37416	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-07-06	Stock Option	$17.37	M	4500	Disposed	2015-07-15	Common Stock (4500)	Direct

Footnotes

F1: Includes 248 shares of common stock acquired through the Employee Stock Purchase Plan.

F2: Represents stock options awarded to the Reporting Person as a New Hire Grant, pursuant to the Company's 2008 Stock Option and Incentive Plan.