0000876167-24-000133.txt : 20240731
0000876167-24-000133.hdr.sgml : 20240731
20240731174051
ACCESSION NUMBER: 0000876167-24-000133
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240729
FILED AS OF DATE: 20240731
DATE AS OF CHANGE: 20240731
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ainsworth John
CENTRAL INDEX KEY: 0001750309
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-19417
FILM NUMBER: 241163213
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]
ORGANIZATION NAME: 06 Technology
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_1722462044.xml
FORM 4
X0508
4
2024-07-29
0
0000876167
PROGRESS SOFTWARE CORP /MA
PRGS
0001750309
Ainsworth John
C/O PROGRESS SOFTWARE CORPORATION
15 WAYSIDE ROAD, SUITE 400
BURLINGTON
MA
01803
0
1
0
0
EVP/GM App & Data Platform
0
Common Stock
2024-07-29
4
M
0
13271
50.69
A
45273
D
Common Stock
2024-07-29
4
F
0
12331
58.09
D
32942
D
Employee Stock Options
50.69
2024-07-29
4
M
0
13271
0
D
2025-01-11
Common Stock
13271
0
D
This Form 4 is being filed to report the exercise of stock options for a total of 13,271 shares, of which: (i) 11,582 shares owned by the Reporting Person were exchanged to cover the cost of the option exercise and (ii) 749 shares owned by the Reporting Person were withheld by Progress Software Corporation (the "Company") to pay the tax withholding obligations of the Reporting Person upon exercise of the stock options. As a result of this exercise, the Reporting Person acquired ownership of 940 shares of common stock.
Options were granted to the Reporting Person on January 12, 2018 under the Company's 2008 Stock Option and Incentive Plan. As of April 1, 2022, 13,271 options were vested and exercisable.
YuFan Stephanie Wang, Attorney-in-Fact
2024-07-31