PROGRESS SOFTWARE CORP /MA — Director's Dealing 2017

Apr 13, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2017-04-11

Reporting Person: MARK MICHAEL (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-04-11	Common Stock	M	15127	$21.32	Acquired	207173	Direct
2017-04-11	Common Stock	F	10874	$29.66	Disposed	196299	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-04-11	Stock Option	$21.32	M	15127	Disposed	2017-04-26	Common Stock (15127.0)	Direct

Footnotes

F1: Represents shares of common stock withheld by Issuer to pay the aggregate exercise price of the underlying stock option of the Reporting Person.