X0201 4 2004-01-21 0 0000790183 PROGRESS FINANCIAL CORP PFNC 0001203408 SILVERANG KEVIN J BUCHANAN INGERSOLL 11 PENN CTR., 14TH FLOOR, 1835 MARKET ST PHILADELPHIA PA 19103 1 0 0 0 PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 637 6.79 A 20538 D PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 2100 6.79 A 22638 D PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 2172 8.93 A 24810 D PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 637 7.14 A 25447 D PFNC Common Stock (acquired through stock options) 2004-01-20 4 M 0 775 7.11 A 26222 D PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 637 11.06 A 16859 D PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 2893 14.03 A 29752 D PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 971 11.43 A 30723 D PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 637 11.45 A 31360 D PFNC Common Stock (acquired through stock option) 2004-01-20 4 M 0 1937 11.34 A 33297 D PFNC Common Stock Option (right to buy) 6.79 2004-01-20 4 X 0 637 6.79 D 2000-12-29 2010-12-29 common stock 637 0 D PFNC Common Stock Option (right to buy) 6.79 2004-01-20 4 X 0 2100 6.79 D 2001-01-02 2011-01-02 common stock 2100 0 D PFNC Common Stock Option (right to buy) 8.93 2004-01-20 4 X 0 2172 8.93 D 2001-01-23 2011-01-23 common stock 2172 0 D PFNC Common Stock Option (right to buy) 7.14 2004-01-20 4 X 0 637 7.14 D 2001-12-31 2011-12-31 common stock 637 0 D PFNC Common Stock Option (right to buy) 7.11 2004-01-20 4 X 0 775 7.11 D 2002-01-02 2012-01-02 common stock 775 0 D PFNC Common Stock Option (right to buy) 11.06 2004-01-20 4 X 0 637 11.06 D 2002-12-31 2012-12-31 common stock 637 0 D PFNC Common Stock Option (right to buy) 14.03 2004-01-20 4 X 0 2893 14.03 D 1999-04-27 2009-04-27 common stock 2893 0 D PFNC Common Stock Option (right to buy) 11.43 2004-01-20 4 X 0 971 11.43 D 2003-01-22 2013-01-22 common stock 971 0 D PFNC Common Stock Option (right to buy) 11.45 2004-01-20 4 X 0 637 11.45 D 1999-12-31 2009-12-31 common stock 637 0 D PFNC Common Stock Option (right to buy) 11.34 2004-01-20 4 X 0 1937 11.34 D 2000-02-01 2010-02-01 common stock 1937 0 D /s/ Michael B. High, POA for Kevin J. Silverang 2004-01-21