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PROGRESS SOFTWARE CORP /MA Director's Dealing 2015

Apr 27, 2015

31754_dirs_2015-04-27_dbf127c0-4c9c-4f65-a05f-4615b74344b2.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: 2015-04-24

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-04-24 Common Stock M 400 $13.01 Acquired 72613 Direct
2015-04-24 Common Stock S 400 $26.18 Disposed 72213 Direct
2015-04-24 Common Stock M 230 $14.67 Acquired 72443 Direct
2015-04-24 Common Stock S 230 $26.18 Disposed 72213 Direct
2015-04-24 Common Stock M 12874 $15.93 Acquired 85087 Direct
2015-04-24 Common Stock S 12874 $26.18 Disposed 72213 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-04-24 Common Stock $13.01 M 400 Disposed 2015-10-15 Common Stock (400) Direct
2015-04-24 Common Stock $14.67 M 230 Disposed 2016-05-11 Common Stock (230) Direct
2015-04-24 Common Stock $15.93 M 12874 Disposed 2016-10-15 Common Stock (12874) 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, 2008.

F2: Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vest in 57 equal monthly increments commencing on June 1, 2009.

F3: 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, 2009.