0001300700-11-000009.txt : 20110516 0001300700-11-000009.hdr.sgml : 20110516 20110516163736 ACCESSION NUMBER: 0001300700-11-000009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110512 FILED AS OF DATE: 20110516 DATE AS OF CHANGE: 20110516 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FREEDMAN JAMES CENTRAL INDEX KEY: 0001300700 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 033-41752 FILM NUMBER: 11847619 MAIL ADDRESS: STREET 1: 14 OAK PARK 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] IRS NUMBER: 042746201 STATE OF INCORPORATION: MA 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 edgar.xml PRIMARY DOCUMENT X0303 4 2011-05-12 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001300700 FREEDMAN JAMES C/O PROGRESS SOFTWARE CORPORATION 14 OAK PARK DRIVE BEDFORD MA 01730 0 1 0 0 SVP & General Counsel Common Stock 2011-05-12 4 M 0 598 20.54 A 14527 D Common Stock 2011-05-12 4 S 0 598 28.91 D 13929 D Common Stock 2011-05-12 4 M 0 10500 20.54 A 24429 D Common Stock 2011-05-12 4 S 0 10500 28.91 D 13929 D Common Stock 2011-05-12 4 M 0 2550 20.79 A 16479 D Common Stock 2011-05-12 4 S 0 2550 29.04 D 13929 D Common Stock 2011-05-12 4 M 0 2450 20.79 A 16379 D Common Stock 2011-05-12 4 S 0 2450 29.04 D 13929 D Stock Option 20.54 2011-05-12 4 M 0 598 0 D 2012-11-14 Common Stock 598 0 D Stock Option 20.54 2011-05-12 4 M 0 10500 0 D 2012-11-14 Common Stock 10500 0 D Stock Option 20.79 2011-05-12 4 M 0 2550 0 D 2014-04-25 Common Stock 2550 450 D Stock Option 20.79 2011-05-12 4 M 0 2450 0 D 2014-04-25 Common Stock 2450 9550 D Nine-sixtieths of the option vested on the date of the grant, thereafter the option vested in equal monthly increments over a 51 month period commencing December 1, 2005. 2/60ths of the option vested on the date of grant, thereafter the option vests in equal monthly increments over a 58 month period commencing May 1, 2007. Stephen H. Faberman, Attorney-in-Fact 2011-05-16 EX-24 2 attach_1.htm

POWER OF ATTORNEY



Know all by these presents, that the undersigned hereby constitutes and appoints Stephen H. Faberman, Associate General Counsel of of Progress Software Corporation (the "Company"),signing singly, with full power of substitution, the undersigned's true and lawful attorney-in-fact to:



1. execute for and on behalf of the undersigned, in the undersigned's capacity as an officer, director and/or 10% shareholder of the Company, Form 144 Notice of Proposed Sale of Securities pursuant to Rule 144 under the Securities Act of 1933;



2. execute for and on behalf of the undersigned, in the undersigned's capacity as an officer, director and/or 10% shareholder of the Company, Forms 3, 4 and 5 in accordance with Section 16(a) of the Securities Exchange Act of 1934 and the rules thereunder;



3. do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Forms 144, 3, 4 or 5 and timely file such forms with the United States Securities and Exchange Commission and any stock exchange or similar authority; and



4. take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interests of, or legally required by the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as such attorney-in-fact may approve in such attorney-in-fact's discretion.



The undersigned hereby grants to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that such attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted.  The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Rule 144 under the Securities Act of 1933, as amended and Section 16 of the Securities Exchange Act of 1934, as amended.





This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 144, 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.



IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed this 15th day of July, 2008.



                                                                                                /s/ James D. Freedman

        ________________________

        Signature



                                                                                                James D. Freedman

        ________________________

        Print Name