0001270656-18-000002.txt : 20180117 0001270656-18-000002.hdr.sgml : 20180117 20180117164829 ACCESSION NUMBER: 0001270656-18-000002 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180112 FILED AS OF DATE: 20180117 DATE AS OF CHANGE: 20180117 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: 18531935 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 4 1 wf-form4_151622569570901.xml FORM 4 X0306 4 2018-01-12 0 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 Restricted Stock Unit 2018-01-12 4 A 0 4143 0 A Common Stock 4143.0 4143 D Employee Stock Options 50.69 2018-01-12 4 A 0 13271 0 A 2025-01-12 Common Stock 13271.0 13271 D Restricted Stock Unit 2018-01-12 4 A 0 6905 0 A Common Stock 6905.0 6905 D Represents restricted stock units acquired by the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest in six equal installments beginning on October 1, 2018, subject to the continued employment of the Reporting Person with Progress Software Corporation. Stock Options vest in eight equal semiannual installments beginning on October 1, 2018, subject to the continued employment of the Reporting Person with Progress Software Corporation. Represents performance-based restricted stock units that vest based on Progress Software Corporation total shareholder return and total operating income over a three-year period, as will be determined at the first meeting of the Progress Software Corporation's compensation committee following November 30, 2020. Stephen H. Faberman 2018-01-17