0000876167-21-000068.txt : 20210405 0000876167-21-000068.hdr.sgml : 20210405 20210405082424 ACCESSION NUMBER: 0000876167-21-000068 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210401 FILED AS OF DATE: 20210405 DATE AS OF CHANGE: 20210405 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: 21803797 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_161762538500300.xml FORM 4 X0306 4 2021-04-01 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 2021-04-01 4 M 0 3601 0 A 115719 D Common Stock 2021-04-01 4 F 0 1598 44.3543 D 114121 D Common Stock 2021-04-01 4 M 0 5255 0 A 119376 D Common Stock 2021-04-01 4 F 0 2331 44.3543 D 117045 D Common Stock 2021-04-01 4 M 0 4082 0 A 121127 D Common Stock 2021-04-01 4 F 0 1811 44.3543 D 119316 D Restricted Stock Units 2021-04-01 4 M 0 3601 0 D Common Stock 3601.0 0 D Restricted Stock Units 2021-04-01 4 M 0 5255 0 D Common Stock 5255.0 10510 D Restricted Stock Units 2021-04-01 4 M 0 4082 0 D Common Stock 4082.0 16328 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 restricted stock units granted to the Reporting Person on January 12, 2018. Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 22, 2019. Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 21, 2020. On January 12, 2018, the Reporting Person was granted 21,602 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2018, subject to the continued employment of the Reporting Person with the Company. On January 22, 2019, the Reporting Person was granted 31,529 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2019, subject to the continued employment of the Reporting Person with the Company. On January 21, 2020, the Reporting Person was granted 24,492 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2020, subject to the continued employment of the Reporting Person with the Company. Stephen H. Faberman, Attorney-in-Fact 2021-04-05