0000876167-21-000145.txt : 20211005
0000876167-21-000145.hdr.sgml : 20211005
20211005171907
ACCESSION NUMBER: 0000876167-21-000145
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20211001
FILED AS OF DATE: 20211005
DATE AS OF CHANGE: 20211005
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SEGAL JEREMY
CENTRAL INDEX KEY: 0001813585
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19417
FILM NUMBER: 211307734
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_163346869355539.xml
FORM 4
X0306
4
2021-10-01
0
0000876167
PROGRESS SOFTWARE CORP /MA
PRGS
0001813585
SEGAL JEREMY
C/O PROGRESS SOFTWARE CORPORATION
14 OAK PARK DRIVE
BEDFORD
MA
01730
0
1
0
0
Executive Vice President
Common Stock
2021-10-01
4
M
0
1284
0
A
1284
D
Common Stock
2021-10-01
4
F
0
544
49.6675
D
740
D
Common Stock
2021-10-01
4
M
0
939
0
A
1679
D
Common Stock
2021-10-01
4
F
0
398
49.6675
D
1281
D
Common Stock
2021-10-04
4
S
0
1281
49.3014
D
0
D
Restricted Stock Units
2021-10-01
4
M
0
1284
0
D
Common Stock
1284.0
5137
D
Restricted Stock Units
2021-10-01
4
M
0
939
0
D
Common Stock
939.0
4695
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 June 29, 2020.
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 19, 2021.
This trade was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2021.
On June 29, 2020, the Reporting Person was granted 7,705 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 April 1, 2021, subject to the continued employment of the Reporting Person with the Company.
On January 19, 2021, the Reporting Person was granted 5,634 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, 2021, subject to the continued employment of the Reporting Person with the Company.
Stephen H. Faberman, Attorney-in-Fact
2021-10-05