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