X0303 4 2010-04-01 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001449513 Conway Gary G 14 OAK PARK BEDFORD MA 01730 0 1 0 0 EVP, Chief Marketing Officer Common Stock 2010-04-01 4 F 0 265 31.395 D 12992 D Common Stock 2010-04-27 4 A 0 1600 0 A 15076 D Employee Stock Option 31.98 2010-04-27 4 A 0 6000 0 A 2017-04-27 Common Stock 6000 6000 D Represents shares of common stock withheld by Issuer to pay tax withholding obligation of reporting person upon the vesting of restricted stock units granted to the reporting person on May 12, 2009. Represents restricted stock units acquired by reporting person on April 27, 2010 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. Each restricted stock unit vests in six equal semiannual installments beginning on October 1, 2010, subject to the continued employment of the reporting person with Progress Software Corporation. Includes 484 shares acquired through Employee Stock Purchse Plan on March 31, 2010. Two-sixtieths (2/60) of the option were vested and exercisable on the grant date. The remaining options vest in 58 equal monthly increments commencing on May 1, 2010. Gary G. Conway 2010-04-29