0000876167-21-000040.txt : 20210203 0000876167-21-000040.hdr.sgml : 20210203 20210203161158 ACCESSION NUMBER: 0000876167-21-000040 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210201 FILED AS OF DATE: 20210203 DATE AS OF CHANGE: 20210203 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: 21586324 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_161238669218559.xml FORM 4 X0306 4 2021-02-01 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 Common Stock 2021-02-01 4 M 0 5212 0 A 26867 D Common Stock 2021-02-01 4 F 0 2260 40.36 D 24607 D Restricted Stock Units 2021-02-01 4 M 0 5212 0 D Common Stock 5212.0 0 D Restricted stock units convert into common stock on a one-for-one basis. Represents shares of common stock withheld by Progress Software Corporation (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 January 12, 2018. On January 12, 2018, the Reporting Person was granted 6,905 performance-based restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. A portion of the performance-based restricted stock units vested on February 1, 2021, based on the Company's meeting cumulative operating income criteria over the three-year period ending November 30, 2020, and the continued employment of the Reporting Person with the Company. Stephen H. Faberman, Attorney-in-Fact 2021-02-03