0000876167-20-000024.txt : 20200124 0000876167-20-000024.hdr.sgml : 20200124 20200124161019 ACCESSION NUMBER: 0000876167-20-000024 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200122 FILED AS OF DATE: 20200124 DATE AS OF CHANGE: 20200124 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Jalbert Paul A CENTRAL INDEX KEY: 0001306044 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19417 FILM NUMBER: 20545582 MAIL ADDRESS: STREET 1: C/O PROGRESS SOFTWARE CORPORATION STREET 2: 14 OAK PARK DRIVE 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: DE FISCAL YEAR END: 1130 BUSINESS ADDRESS: STREET 1: 14 OAK PARK DRIVE 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_157990020124481.xml FORM 4 X0306 4 2020-01-22 0 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001306044 Jalbert Paul A C/O PROGRESS SOFTWARE CORPORATION 14 OAK PARK DRIVE BEDFORD MA 01730 0 1 0 0 Chief Financial Officer Common Stock 2020-01-22 4 M 0 13698 29.05 A 34896 D Common Stock 2020-01-22 4 S 0 13698 48.16 D 21198 D Common Stock 2020-01-23 4 M 0 708 29.05 A 21906 D Common Stock 2020-01-23 4 S 0 708 48 D 21198 D Employee Stock Options 29.05 2020-01-22 4 M 0 13698 0 D 2024-03-30 Common Stock 13698.0 21576 D Employee Stock Options 29.05 2020-01-23 4 M 0 708 0 D 2024-03-30 Common Stock 708.0 20868 D This transaction was executed in multiple trades at prices ranging from $48.00 to $48.24 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. Options were granted to the Reporting Person on March 31, 2017 under Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and vested as follows: 4,410 shares on October 1, 2017; 4,410 shares on April 1, 2018, 4,409 shares on October 1, 2018; and 469 shares on April 1, 2019. Options were granted to the Reporting Person on March 31, 2017 under the Company's 2008 Stock Option and Incentive Plan and vested on April 1, 2019. Stephen H. Faberman, Attorney-in-Fact 2020-01-24