0001270656-16-000011.txt : 20160405 0001270656-16-000011.hdr.sgml : 20160405 20160405210214 ACCESSION NUMBER: 0001270656-16-000011 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160401 FILED AS OF DATE: 20160405 DATE AS OF CHANGE: 20160405 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 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FABERMAN STEPHEN H CENTRAL INDEX KEY: 0001270656 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19417 FILM NUMBER: 161556406 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2016-04-01 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001270656 FABERMAN STEPHEN H C/O PROGRESS SOFTWARE CORPORATION 14 OAK PARK DRIVE BEDFORD MA 01730 0 1 0 0 Chief Legal Officer Common Stock 2016-04-01 4 M 0 2500 A 50265 D Common Stock 2016-04-01 4 F 0 804 24.66 D 49461 D Common Stock 2016-04-01 4 M 0 1084 A 50545 D Common Stock 2016-04-01 4 F 0 352 24.66 D 50193 D Common Stock 2016-04-01 4 M 0 1967 A 52160 D Common Stock 2016-04-01 4 F 0 639 24.66 D 51521 D Common Stock 2016-04-01 4 M 0 517 A 52038 D Common Stock 2016-04-01 4 F 0 168 24.66 D 51870 D Common Stock 2016-04-01 4 M 0 1302 A 53172 D Common Stock 2016-04-01 4 F 0 423 24.66 D 52749 D Restricted Stock Units 2016-04-01 4 M 0 2500 0 D Common Stock 2500 0 D Restricted Stock Units 2016-04-01 4 M 0 1084 0 D Common Stock 1084 2169 D Restricted Stock Units 2016-04-01 4 M 0 1967 0 D Common Stock 1967 0 D Restricted Stock Units 2016-04-01 4 M 0 517 0 D Common Stock 517 2068 D Restricted Stock Units 2016-04-01 4 M 0 3906 0 A Common Stock 3906 3906 D Restricted Stock Units 2016-04-01 4 M 0 1302 0 D Common Stock 1302 2604 D Restricted stock units convert into common stock on a one-for-one basis. Includes 856 shares of common stock acquired through the Employee Stock Purchase Plan: 299 shares on June 30, 2015, 257 shares on September 30, 2015, and 300 shares on December 31, 2015. Represents shares of common stock withheld by Issuer to pay tax witholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 22, 2013. Represents shares of common stock withheld by Issuer to pay tax witholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 13, 2014. Represents shares of common stock withheld by Issuer to pay tax witholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 7, 2014. Represents shares of common stock withheld by Issuer to pay tax witholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 29, 2015. Represents shares of common stock withheld by Issuer to pay tax witholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 29, 2015. On January 22, 2013, the Reporting Person was granted 15,000 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2013, subject to the continued employment of the Reporting Person with Issuer. On January 13, 2014, the Reporting Person was granted 6,505 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2014, subject to the continued employment of the Reporting Person with Issuer. On January 7, 2014, the Reporting Person was granted 11,800 restricted stock units, vesting in five installments, with one-third vesting on April 1, 2014 and the remaining restricted stock units vesting in four equal semi-annual installments, subject to the continued employment of the Reporting Person with Issuer. On January 29, 2015, the Reporting Person was granted 3,102 restricted stock units, vesting in six equal semi-annual installments beginning on October 1, 2015, subject to the continued employment of the Reporting Person with Issuer. Represents performance-based restricted stock units acquired by the Reporting Person based on Issuer performance in FY15. Each restricted stock unit vests in five installments, with one-third vesting on April 1, 2016 and the remaining restricted stock units vesting in four equal semi-annual installments, subject to the continued employment of the Reporting Person with Issuer. Stephen H. Faberman 2016-04-05