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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2022
May 18, 2022
31754_dirs_2022-05-18_2db409be-c958-4dcd-84b9-da8a01dbdefb.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: 2022-05-16
Reporting Person: Ortiz Jennifer (EVP, Corporate Marketing)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-05-16 | Common Stock | M | 1254 | $29.25 | Acquired | 6136 | Direct |
| 2022-05-16 | Common Stock | S | 1254 | $46.45 | Disposed | 4882 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-05-16 | Employee Stock Options (Right to buy) | $29.25 | M | 1254 | Disposed | 2024-02-16 | Common Stock (1254.0) | Direct |
Footnotes
F1: Includes 337 shares of common stock acquired by the Reporting Person on March 31, 2022 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan.
F2: The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2021.
F3: Options were granted to the Reporting Person on February 17, 2017 under the Company's 2008 Stock Option and Incentive Plan. As of April 1, 2021, all options were vested and exercisable.