PROGRESS SOFTWARE CORP /MA — Director's Dealing 2016

Oct 19, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2016-08-24

Reporting Person: BYCOFF BARRY N (Former Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-24	Common Stock	D	7978	—	Disposed	42680	Direct

Footnotes

F1: On April 1, 2016, Reporting Person was granted 7,978 restricted stock units for services provided as a director applicable to the 2016 fiscal year. The restricted stock units vest on December 1, 2016, subject to the Reporting Person's continued service on the Progress Software Corporation Board of Directors on such vesting date. Reporting Person retired as a Director of the Progress Software Corporation Board of Directors effective August 24, 2016 and these restricted stock units were cancelled.