0000876167-21-000025.txt : 20210121
0000876167-21-000025.hdr.sgml : 20210121
20210121161250
ACCESSION NUMBER: 0000876167-21-000025
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210119
FILED AS OF DATE: 20210121
DATE AS OF CHANGE: 20210121
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ainsworth John
CENTRAL INDEX KEY: 0001750309
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19417
FILM NUMBER: 21542135
MAIL ADDRESS:
STREET 1: C/O PROGRESS SOFTWARE CORPORATION
STREET 2: 14 OAK PARK DR.
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_161126355561162.xml
FORM 4
X0306
4
2021-01-19
0
0000876167
PROGRESS SOFTWARE CORP /MA
PRGS
0001750309
Ainsworth John
C/O PROGRESS SOFTWARE CORPORATION
14 OAK PARK DR.
BEDFORD
MA
01730
0
1
0
0
Senior Vice President
Restricted Stock Units
2021-01-19
4
A
0
5634
0
A
Common Stock
5634.0
5634
D
Employee Stock Options
42.6
2021-01-19
4
A
0
17298
0
A
2028-01-18
Common Stock
17298.0
17298
D
Restricted Stock Units
2021-01-19
4
A
0
9390
0
A
Common Stock
9390.0
9390
D
Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.
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, 2021, subject to the continued employment of the Reporting Person with the Company.
The stock options vest in eight equal semiannual installments beginning on October 1, 2021, subject to the continued employment of the Reporting Person with the Company.
Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2024, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2023, and the continued employment of the Reporting Person with the Company.
Stephen H. Faberman, Attorney-in-Fact
2021-01-21