PROGRESS SOFTWARE CORP /MA — Director's Dealing 2024

Nov 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: PROGRESS SOFTWARE CORP /MA (PRGS)
CIK: 0000876167
Period of Report: 2024-11-01

Reporting Person: LoCoco Domenic (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-11-01	Common Stock	S	200	$64.02	Disposed	5199	Direct
2024-11-01	Common Stock	M	3556	$42.61	Acquired	8755	Direct
2024-11-01	Common Stock	S	3556	$64.02	Disposed	5199	Direct
2024-11-01	Common Stock	M	2330	$44.49	Acquired	7529	Direct
2024-11-01	Common Stock	S	2330	$64.02	Disposed	5199	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-01	Employee Stock Options (Right to buy)	$42.61	M	3556	Disposed	2028-01-18	Common Stock (3556)	Direct
2024-11-01	Employee Stock Options (Right to buy)	$44.49	M	2330	Disposed	2029-01-19	Common Stock (2330)	Direct

Footnotes

F1: The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 9, 2023.

F2: Includes 93 shares of common stock acquired by the Reporting Person on September 30, 2024 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan.

F3: Options were granted to the Reporting Person on January 19, 2021 under the Company's 2008 Stock Option and Incentive Plan. As of October 1, 2024, 7,096 shares were vested and exercisable.

F4: Options were granted to the Reporting Person on January 20, 2022 under the Company's 2008 Stock Option and Incentive Plan. As of October 1, 2024, 5,825 shares were vested and exercisable.