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PROGRESS SOFTWARE CORP /MA — Director's Dealing 2024
Feb 2, 2024
31754_dirs_2024-02-02_bc9e3b97-c4f9-46ba-bf5b-714bbeee87e4.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: 2024-02-01
Reporting Person: LoCoco Domenic (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-02-01 | Common Stock | M | 4893 | $34.73 | Acquired | 7793 | Direct |
| 2024-02-01 | Common Stock | S | 4893 | $57 | Disposed | 2900 | Direct |
| 2024-02-01 | Common Stock | S | 236 | $56.81 | Disposed | 2664 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-02-01 | Employee Stock Options (Right to buy) | $34.73 | M | 4893 | Disposed | 2026-01-21 | Common Stock (4893) | 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: Options were granted to the Reporting Person on January 22, 2019 under Progress Software Corporation's 2008 Stock Option and Incentive Plan. As of April 1, 2023, 6,525 options were vested and exercisable.
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