-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TQ7aug9O6bR7hig7cMu553KiWJ7n/NYOL6/uU/EWnL8oNxf8ASe8Qqt8IcLTfUBC ZYylKrF5ES/kfmHhy+gxag== 0000897917-98-000003.txt : 19980410 0000897917-98-000003.hdr.sgml : 19980410 ACCESSION NUMBER: 0000897917-98-000003 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980331 FILED AS OF DATE: 19980409 SROS: NASD SUBJECT COMPANY: 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: MA FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 4 SEC ACT: SEC FILE NUMBER: 033-41752 FILM NUMBER: 98590071 BUSINESS ADDRESS: STREET 1: 14 OAK PARK CITY: BEDFORD STATE: MA ZIP: 01730 BUSINESS PHONE: 6172804000 COMPANY DATA: COMPANY CONFORMED NAME: ALSOP JOSEPH WRIGHT CENTRAL INDEX KEY: 0000897917 STANDARD INDUSTRIAL CLASSIFICATION: [] DIRECTOR FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: 14 OAK PARK CITY: BEDFORD STATE: MA ZIP: 07130 BUSINESS PHONE: 6172804000 MAIL ADDRESS: STREET 1: 14 OAK PARK CITY: BEDFORD STATE: MA ZIP: 07130 4 1 FORM 4 - MARCH 1998 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Alsop, Joseph Wright 14 Oak Park Bedford, MA 01730 USA 2. Issuer Name and Ticker or Trading Symbol Progress Software Corporation PRGS 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year March 1998 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) President, Treasurer and Director 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |1/15/9|G |V|7,902 |D |N/A | | | | |8 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |2/12/9|G |V|7,866 |D |N/A | | | | |8 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |2/12/9|Z |V|10,000 |D |N/A | | | | |8 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |2/19/9|G |V|4,419 (1) |A |N/A |4,419 |I |by wife (2) | |8 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |3/23/9|S | |10,000 |D |$29.625 | | | | |8 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |3/24/9|S | |4,000 |D |$29.812 | | | | |8 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |3/27/9|S | |6,000 |D |$29.562 |608,640 |D | | |8 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Non-qualified Stock Op|$21.625 |2/3/9|A |V|80,000 |A |3/1/9|2/1/0|Common Stock|80,000 | |80,000 (4) |D | | tion | |8 | | | | |8 (3)|8 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) Gift by Mr. Alsop to his wife. (2) Mr. Alsop disclaims beneficial ownership of such shares. (3) Options vest in equal monthly increments over a 60 month period commencing March 1, 1998. (4) On 4/1/98, options to purchase 2,666 shares were vested. SIGNATURE OF REPORTING PERSON Joseph W. Alsop DATE April 3, 1998 -----END PRIVACY-ENHANCED MESSAGE-----