X0303 4 2010-04-27 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001484083 Levy Robert C/O PROGRESS SOFTEARE CORPORATION 14 OAK PARK DRIVE BEDFORD MA 01730 0 1 0 0 EVP, Chief Product Officer Common Stock 2010-04-27 4 A 0 32000 0 A 32000 D Represents part of a new hire grant of 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. Robert Levy 2010-04-29