0000876167-20-000111.txt : 20200701 0000876167-20-000111.hdr.sgml : 20200701 20200701172303 ACCESSION NUMBER: 0000876167-20-000111 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200629 FILED AS OF DATE: 20200701 DATE AS OF CHANGE: 20200701 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: KRALL DAVID CENTRAL INDEX KEY: 0001203375 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19417 FILM NUMBER: 201006123 MAIL ADDRESS: STREET 1: C/O AVID TECHNOLOGY INC STREET 2: ONE PARK WEST CITY: TEWKSBURY STATE: MA ZIP: 01876 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PROGRESS SOFTWARE CORP /MA CENTRAL INDEX KEY: 0000876167 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 042746201 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 BUSINESS ADDRESS: STREET 1: 14 OAK PARK DRIVE CITY: BEDFORD STATE: MA ZIP: 01730 BUSINESS PHONE: 781-280-4473 MAIL ADDRESS: STREET 1: 14 OAK PARK DRIVE CITY: BEDFORD STATE: MA ZIP: 01730 4 1 wf-form4_159363856684005.xml FORM 4 X0306 4 2020-06-29 0 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001203375 KRALL DAVID C/O PROGRESS SOFTWARE CORPORATION 14 OAK PARK DRIVE BEDFORD MA 01730 1 0 0 0 Common Stock 2020-06-29 4 A 0 5137 38.94 A 92911 D Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2020 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY20 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2021 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date. Stephen H. Faberman, Attorney-in-Fact 2020-07-01