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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2015
Apr 3, 2015
31754_dirs_2015-04-03_02273d6c-e82f-40f0-99f4-6ef986981250.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: Aquilina Antonio J. (SVP, Strategy & Corp. Dev.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-04-01 | Common Stock | M | 2667 | — | Acquired | 26080 | Direct |
| 2015-04-01 | Common Stock | F | 926 | $26.78 | Disposed | 25154 | Direct |
| 2015-04-01 | Common Stock | M | 2709 | — | Acquired | 27863 | Direct |
| 2015-04-01 | Common Stock | F | 866 | $26.78 | Disposed | 26997 | Direct |
| 2015-04-01 | Common Stock | M | 2500 | — | Acquired | 29497 | Direct |
| 2015-04-01 | Common Stock | F | 813 | $26.78 | Disposed | 28684 | Direct |
| 2015-04-01 | Common Stock | M | 2500 | — | Acquired | 31184 | Direct |
| 2015-04-01 | Common Stock | F | 813 | $26.78 | Disposed | 30371 | Direct |
| 2015-04-01 | Common Stock | M | 1823 | — | Acquired | 32194 | Direct |
| 2015-04-01 | Common Stock | F | 593 | $26.78 | Disposed | 31601 | Direct |
| 2015-04-01 | Common Stock | M | 874 | — | Acquired | 32475 | Direct |
| 2015-04-01 | Common Stock | F | 285 | $26.78 | Disposed | 32190 | Direct |
| 2015-04-01 | Common Stock | M | 1967 | — | Acquired | 34157 | Direct |
| 2015-04-01 | Common Stock | F | 640 | $26.78 | Disposed | 33517 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-04-01 | Restricted Stock Units | $ | M | 2667 | Disposed | Common Stock (2667) | Direct | |
| 2015-04-01 | Restricted Stock Units | $ | M | 2709 | Disposed | Common Stock (2709) | Direct | |
| 2015-04-01 | Restricted Stock Units | $ | M | 2500 | Disposed | Common Stock (2500) | Direct | |
| 2015-04-01 | Restricted Stock Units | $ | M | 2500 | Disposed | Common Stock (2500) | Direct | |
| 2015-04-01 | Restricted Stock Units | $ | M | 1823 | Disposed | Common Stock (1823) | Direct | |
| 2015-04-01 | Restricted Stock Units | $ | M | 874 | Disposed | Common Stock (874) | Direct | |
| 2015-04-01 | Restricted Stock Units | $ | M | 1967 | Disposed | Common Stock (1967) | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 16, 2012.
F3: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on May 28, 2012.
F4: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 22, 2013.
F5: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 22, 2013.
F6: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 22, 2013.
F7: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 13, 2014.
F8: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 7, 2014.
F9: On January 16, 2012, the Reporting Person was granted 16,000 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2012, subject to the continued employment of the Reporting Person with Issuer.
F10: On May 28, 2012, the Reporting Person was granted 16,250 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2012, subject to the continued employment of the Reporting Person with Issuer.
F11: On January 22, 2013, the Reporting Person was granted 15,000 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2013, subject to the continued employment of the Reporting Person with Issuer.
F12: On January 22, 2013, the Reporting Person was granted 10,000 restricted stock units, vesting in four equal semi-annual installments beginning on October 1, 2013, subject to the continued employment of the Reporting Person with Issuer.
F13: On January 22, 2013, the Reporting Person was granted 10,938 restricted stock units, vesting in five installments, with one-third vesting on April 1, 2013 and the remaining restricted stock units vesting in four equal semi-annual installments, subject to the continued employment of the Reporting Person with Issuer.
F14: On January 13, 2014, the Reporting Person was granted 5,246 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2014, subject to the continued employment of the Reporting Person with Issuer.
F15: On January 7, 2014, the Reporting Person was granted 11,800 performance-based restricted stock units, vesting in five installments, with one-third vesting on April 1, 2014 and the remaining restricted stock units vesting in four equal semi-annual installments, subject to the continued employment of the Reporting Person with Issuer.