0000876167-20-000041.txt : 20200204
0000876167-20-000041.hdr.sgml : 20200204
20200204200300
ACCESSION NUMBER: 0000876167-20-000041
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200201
FILED AS OF DATE: 20200204
DATE AS OF CHANGE: 20200204
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Gupta Yogesh K
CENTRAL INDEX KEY: 0001301277
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19417
FILM NUMBER: 20575876
MAIL ADDRESS:
STREET 1: C/O PROGRESS SOFTWARE CORPORATION
STREET 2: 14 OAK PARK DRIVE
CITY: BEDFORD
STATE: MA
ZIP: 01730
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PROGRESS SOFTWARE CORP /MA
CENTRAL INDEX KEY: 0000876167
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 042746201
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1130
BUSINESS ADDRESS:
STREET 1: 14 OAK PARK DRIVE
CITY: BEDFORD
STATE: MA
ZIP: 01730
BUSINESS PHONE: 781-280-4473
MAIL ADDRESS:
STREET 1: 14 OAK PARK DRIVE
CITY: BEDFORD
STATE: MA
ZIP: 01730
4
1
wf-form4_158086456133906.xml
FORM 4
X0306
4
2020-02-01
0
0000876167
PROGRESS SOFTWARE CORP /MA
PRGS
0001301277
Gupta Yogesh K
C/O PROGRESS SOFTWARE CORPORATION
14 OAK PARK DRIVE
BEDFORD
MA
01730
1
1
0
0
Chief Executive Officer
Common Stock
2020-02-01
4
M
0
31884
0
A
101406
D
Common Stock
2020-02-01
4
F
0
14157
45.7675
D
87249
D
Restricted Stock Units
2020-02-01
4
M
0
31884
0
D
Common Stock
31884.0
0
D
Restricted stock units convert into common stock on a one-for-one basis.
Includes 410 shares of common stock acquired by the Reporting Person through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan on December 31, 2019.
Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on February 23, 2017.
On February 23, 2017, the Reporting Person was granted 41,408 performance-based restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The performance-based restricted stock units vested on February 1, 2020, based on the Company meeting relative total shareholder return criteria over the three-year period ending November 30, 2019, and the continued employment of the Reporting Person with the Company.
Stephen H. Faberman, Attorney-in-Fact
2020-02-04