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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2023
Nov 7, 2023
31754_dirs_2023-11-07_bb3fe7eb-7525-4f10-908c-e43f405522a9.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: 2023-11-06
Reporting Person: Kulikoski Kathryn (Chief People Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-11-06 | Common Stock | M | 1060 | $47.16 | Acquired | 4411 | Direct |
| 2023-11-06 | Common Stock | S | 1060 | $52 | Disposed | 3351 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-11-06 | Employee Stock Options | $47.16 | M | 1060 | Disposed | 2027-01-21 | Common Stock (1060) | Direct |
Footnotes
F1: Includes 37 shares of common stock acquired by the Reporting Person on September 30, 2023 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 February 13, 2023.
F3: Options were granted to the Reporting Person on January 21, 2020 under the Company's 2008 Stock Option and Incentive Plan. As of October 1, 2023, 7,423 options were vested and exercisable.