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