X0203 3 2010-02-01 0 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001483955 Andrews Joseph PROGRESS SOFTWARE CORPORATION 14 OAK PARK DRIVE BEDFORD MA 01730 0 1 0 0 VP, Human Resources Common Stock 13560 D Employee Stock Option 21.86 2003-11-01 2013-11-10 Common Stock 30000 D Employee Stock Option 30.81 2005-11-01 2012-11-14 Common Stock 20000 D Employee Stock Option 23.07 2006-05-01 2013-05-21 Common Stock 10000 D Employee Stock Option 25.01 2006-09-01 2013-09-19 Common Stock 10000 D Employee Stock Option 18.15 2004-12-31 2014-05-23 Common Stock 2917 D Employee Stock Option 19.25 2004-12-31 2014-09-26 Common Stock 2917 D Employee Stock Option 15.07 2004-12-31 2013-02-23 Common Stock 11000 D Employee Stock Option 23.00 2005-12-01 2010-02-18 Common Stock 833 D Employee Stock Option 13.50 2005-12-01 2012-08-01 Common Stock 13000 D Employee Stock Option 16.99 2005-12-01 2013-02-23 Common Stock 19000 D Employee Stock Option 18.75 2005-12-01 2014-05-23 Common Stock 14583 D Employee Stock Option 21.45 2005-12-01 2014-09-26 Common Stock 14583 D Employee Stock Option 31.18 2007-04-01 2014-04-25 Common Stock 5000 D Employee Stock Option 32.25 2007-10-01 2014-10-15 Common Stock 5000 D Employee Stock Option 29.94 2008-04-01 2015-04-23 Common Stock 7500 D Employee Stock Option 19.51 2008-10-01 2015-10-15 Common Stock 7500 D Employee Stock Option 22.01 2009-05-01 2016-05-11 Common Stock 7500 D Employee Stock Option 23.90 2009-10-01 2016-10-15 Common Stock 7500 D 4,000 of these shares represent restricted stock units acquired by reporting person on May 12, 2009 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. These restricted stock units vest in six equal semiannual installments beginning on October 1, 2009, subject to the continued employment of the reporting person with Progress Software Corporation. As of the date of this filing, 666 of these restricted stock units are vested. Nine-sixtieths (9/60) of the options were vested and exercisable on the grant date. The remaining options vested in 51 equal monthly increments commencing on December 1, 2003. As of the date of this filing, these options are fully vested. Nine-sixtieths (9/60) of the options were vested and exercisable on the grant date. The remaining options vested in 51 equal monthly increments commencing on December 1, 2003. As of the date of this filing, these options are fully vested. 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. As of the date of this filing, options to purchase 8,000 shares are vested. Seven-sixtieths (7/60) of the options were vested and exercisable on the grant date. The remaining options vested in 53 equal monthly increments commencing on October 1, 2006. As of the date of this filing, options to purchase 8,000 shares are vested. This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on May 24, 2004 with three-sixtieths (3/60) of the options vesting on the grant date and the remaining options vested in 57 equal monthly increments commencing on June 1, 2004. As of the date of this filing, these options are fully vested. This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on September 27, 2004 with seven-sixtieths (7/60) of the options vesting on the grant date and the remaining options vested in 53 equal monthly increments commencing on October 1, 2004. As of the date of this filing, these options are fully vested. This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on February 24, 2003 and vested in 60 equal monthly increments commencing on March 1, 2003. As of the date of this filing, these options are fully vested. This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on February 18, 2000 and vested in 60 equal monthly increments commencing on March 1, 2000. As of the date of this filing, these options are fully vested. This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on August 2, 2002 and vested in 54 equal monthly increments commencing on September 1, 2002. As of the date of this filing, these options are fully vested. This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on February 24, 2003 and vested in 60 equal monthly increments commencing on March 1, 2003. As of the date of this filing, these options are fully vested. This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on May 24, 2004 with three-sixtieths (3/60) of the options vesting on the grant date and the remaining options vested in 57 equal monthly increments commencing on June 1, 2004. As of the date of this filing, these options are fully vested. This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on September 27, 2004 with seven-sixtieths (7/60) of the options vesting on the grant date and the remaining options vested in 53 equal monthly increments commencing on October 1, 2004. As of the date of this filing, these options are fully vested. Two-sixtieths (2/60) of the options were vested and exercisable on the grant date. The remaining options vested in 58 equal monthly increments commencing on May 1, 2007. As of the date of this filing, options to purchase 3,000 are vested. Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vested in 52 equal monthly increments commencing on November 1, 2007. As of the date of this filing, options to purchase 3,000 are vested. Two-sixtieths (2/60) of the options were vested and exercisable on the grant date. The remaining options vested in 58 equal monthly increments commencing on May 1, 2008. As of the date of this filing, options to purchase 3,000 are vested. Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vested in 52 equal monthly increments commencing on November 1, 2008. As of the date of this filing, options to purchase 3,000 are vested. 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, 2009. As of the date of this filing, options to purchase 1,500 are vested. Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vested in 52 equal monthly increments commencing on November 1, 2009. As of the date of this filing, options to purchase 1,500 are vested. Joseph Andrews 2010-02-16