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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2015
Apr 3, 2015
31754_dirs_2015-04-03_4459dda2-b760-42b3-bd00-a610278864d3.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: 2015-04-01
Reporting Person: Rulli Jerry (Pres., Business Line Executive)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-01 | Common Stock | M | 3425 | — | Acquired | 3425 | Direct |
| 2015-04-01 | Common Stock | F | 1140 | $26.78 | Disposed | 2285 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-01 | Restricted Stock Units | $ | A | 3425 | Acquired | Common Stock (3425) | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: On September 29, 2014, the Reporting Person was granted 20,551 restricted stock units, vesting in six equal semi-annual installments beginning on April 1, 2015, subject to the continued employment of the Reporting Person with Issuer.
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