0000876167-23-000184.txt : 20231003 0000876167-23-000184.hdr.sgml : 20231003 20231003162148 ACCESSION NUMBER: 0000876167-23-000184 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231001 FILED AS OF DATE: 20231003 DATE AS OF CHANGE: 20231003 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jarrett Loren CENTRAL INDEX KEY: 0001750308 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19417 FILM NUMBER: 231303991 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: 15 WAYSIDE ROAD, SUITE 400 CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 781-280-4473 MAIL ADDRESS: STREET 1: 15 WAYSIDE ROAD, SUITE 400 CITY: BURLINGTON STATE: MA ZIP: 01803 4 1 wk-form4_1696364480.xml FORM 4 X0508 4 2023-10-01 0 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001750308 Jarrett Loren C/O PROGRESS SOFTWARE CORPORATION 15 WAYSIDE ROAD, SUITE 400 BURLINGTON MA 01803 0 1 0 0 EVP/GM Digital Experience 0 Common Stock 2023-10-01 4 M 0 939 0 A 10900 D Common Stock 2023-10-01 4 F 0 455 53.16 D 10445 D Common Stock 2023-10-01 4 M 0 1124 0 A 11569 D Common Stock 2023-10-01 4 F 0 544 53.16 D 11025 D Common Stock 2023-10-01 4 M 0 1167 0 A 12192 D Common Stock 2023-10-01 4 F 0 565 53.16 D 11627 D Restricted Stock Units 2023-10-01 4 M 0 939 0 D Common Stock 939 939 D Restricted Stock Units 2023-10-01 4 M 0 1124 0 D Common Stock 1124 3372 D Restricted Stock Units 2023-10-01 4 M 0 1167 0 D Common Stock 1167 5836 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 19, 2021. 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 20, 2022. 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, 2023. 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. On January 20, 2022, the Reporting Person was granted 6,744 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, 2022, subject to the continued employment of the Reporting Person with the Company. On January 19, 2023, the Reporting Person was granted 7,003 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, 2023, subject to the continued employment of the Reporting Person with the Company. YuFan Stephanie Wang, Attorney-in-Fact 2023-10-03