X0201 4 2004-01-22 0 0000790183 PROGRESS FINANCIAL CORP PFNC 0001203412 MORGAN ERIC J 0 1 0 0 Secretary, SVP PFNC Common Stock (acquired through stock options) 2004-01-20 4 M 0 3188 3.62 A 9544 D PFNC Stock Option (acquired through stock options) 2004-01-20 4 M 0 3188 3.33 A 12742 D PFNC Common Stock (acquired through stock options) 2004-01-20 4 M 0 6379 3.53 A 19121 D PFNC Common Stock (acquired through stock options) 2004-01-20 4 M 0 1912 4.51 A 21033 D PFNC Common Stock (acquired through stock options) 2004-01-20 4 M 0 1407 7.38 A 22440 D PFNC Common Stock (acquired through stock options) 2004-01-20 4 M 0 8932 6.46 A 31372 D PFNC Common Stock (acquired through stock options) 2004-01-20 4 M 0 892 7.67 A 32264 D PFNC Common Stock (acquired through stock options) 2004-01-20 4 M 0 2756 11.34 A 35020 D PFNC Stock Options (right to buy) 3.62 2004-01-20 4 X 0 3188 3.62 D 1994-02-24 2004-02-24 common stock 3188 0 D PFNC Stock Options (right to buy) 3.33 2004-01-20 4 X 0 3188 3.33 D 1995-01-01 2005-01-01 common stock 3188 0 D PFNC Stock Options (right to buy) 3.53 2004-01-20 4 X 0 6379 3.53 D 1995-04-01 2005-04-01 common stock 6379 0 D PFNC Stock Options (right to buy) 4.51 2004-01-20 4 X 0 1912 4.51 D 1996-03-18 2006-03-18 common stock 1912 0 D PFNC Stock Options (right to buy) 7.38 2004-01-20 4 X 0 1407 7.38 D 2001-02-27 2011-02-27 common stock 1407 0 D PFNC Stock Options (right to buy) 6.46 2004-01-20 4 X 0 8932 6.46 D 1997-05-15 2007-05-15 common stock 8932 0 D PFNC Stock Options (right to buy) 7.67 2004-01-20 4 X 0 892 7.67 D 2002-02-15 2012-02-15 common stock 892 0 D PFNC Stock Options (right to buy) 11.34 2004-01-20 4 X 0 2756 11.34 D 2000-02-01 2010-02-01 common stock 2756 0 D /s/ Eric J. Morgan 2004-01-22