AI assistant
PROGRESS SOFTWARE CORP /MA — Director's Dealing 2017
Oct 4, 2017
31754_dirs_2017-10-04_ba7af03b-af2f-421a-81f3-2dc16d8ba884.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2017-10-01
Reporting Person: Gupta Yogesh K (Director, Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-01 | Common Stock | M | 2287 | — | Acquired | 2287 | Direct |
| 2017-10-01 | Common Stock | F | 743 | $38.09 | Disposed | 1544 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-01 | Common Stock | $ | M | 2287 | Disposed | Common Stock (2287.0) | 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 October 19, 2016.
F3: On October 19, 2016, the Reporting Person was granted 13,722 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2017, subject to the continued employment of the Reporting Person with Issuer.