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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2016
Dec 6, 2016
31754_dirs_2016-12-06_51c81230-c056-4e3e-84eb-20b6d47a287e.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: 2016-10-01
Reporting Person: Taslakov Dimitre (Chief Talent Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-10-01 | Common Stock | M | 508 | — | Acquired | 22518 | Direct |
| 2016-10-01 | Common Stock | F | 165 | $27.19 | Disposed | 22353 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-10-01 | Restricted Stock Units | $ | M | 508 | Disposed | Common Stock (508) | Direct |
Footnotes
F1: Restricted stock units convert into common stock on a one-for-one basis.
F2: Includes 1,041 shares of common stock acquired through the Employee Stock Purchase Plan on March 31, 2016.
F3: Represents shares of common stock withheld by Issuer to pay tax witholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 18, 2016.
F4: On January 18, 2016, the Reporting Person was granted 3,050 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2016, subject to the continued employment of the Reporting Person with Issuer.