X0303 4 2011-02-01 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 Senior VP & General Counsel Common Stock 2011-02-01 4 M 0 10652 16.673 A 25599 D Common Stock 2011-02-01 4 S 0 10652 29.99 D 14947 D Common Stock 2011-02-01 4 M 0 375 15.38 A 15322 D Common Stock 2011-02-01 4 S 0 375 29.99 D 14947 D Common Stock 2011-02-01 4 M 0 375 13.00 A 15322 D Common Stock 2011-02-01 4 S 0 375 29.99 D 14947 D Common Stock 2011-02-01 4 M 0 298 14.673 A 15245 D Common Stock 2011-02-01 4 S 0 298 29.99 D 14947 D Common Stock 2011-02-01 4 M 0 300 15.93 A 15247 D Common Stock 2011-02-01 4 S 0 300 29.99 D 14947 D Stock Option 15.38 2011-02-01 4 M 0 375 0 D 2013-05-21 Common Stock 375 0 D Stock Option 16.673 2011-02-01 4 M 0 10652 0 D 2013-09-19 Common Stock 10652 1044 D Stock Option 13.00 2011-02-01 4 M 0 375 0 D 2015-10-15 Common Stock 375 9000 D Stock Option 14.673 2011-02-01 4 M 0 298 0 D 2016-05-11 Common Stock 298 10710 D Stock Option 15.93 2011-02-01 4 M 0 300 0 D 2016-10-15 Common Stock 300 10800 D This share amount has been adjusted to reflect the Issuer's 3-for-2 stock split which was completed on January 28, 2011, resulting in the Reporting Person's ownership of 4,982 additional shares of common stock. The exercise price and number of underlying securities have been adjusted as a result of the 3-for-2 stock split completed by the Issuer on January 28, 2011. Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vested in 57 equal monthly increments commencing on June 1, 2006. Seven-sixtieths (7/60) of the options were vested and exercisable on the grant date. The remaining options vest in 52 equal monthly increments commencing on October 1, 2006. Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vest in 52 equal monthly increments commencing on November 1, 2008. Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vest in 57 equal monthly increments commencing on June 1, 2009. Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vest in 52 equal monthly increments commencing on November 1, 2009. James Freedman 2011-02-03