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