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PROGRESS SOFTWARE CORP /MA Director's Dealing 2023

Jan 23, 2023

31754_dirs_2023-01-23_7ab1dc37-3a90-43d5-8f2f-006d1aa8e2fa.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: 2023-01-19

Reporting Person: LoCoco Domenic (Chief Accounting Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-01-19 Restricted Stock Units $ A 5311 Acquired Common Stock (5311.0) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1488 Direct

Footnotes

F1: Includes 102 shares of common stock acquired by the Reporting Person on December 31, 2022 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan.

F2: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.

F3: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.