0000876167-23-000161.txt : 20230822 0000876167-23-000161.hdr.sgml : 20230822 20230822162941 ACCESSION NUMBER: 0000876167-23-000161 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230818 FILED AS OF DATE: 20230822 DATE AS OF CHANGE: 20230822 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FOLGER ANTHONY CENTRAL INDEX KEY: 0001566737 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19417 FILM NUMBER: 231193895 MAIL ADDRESS: STREET 1: C/O CARBONITE, INC. STREET 2: 177 HUNTINGTON AVENUE CITY: BOSTON STATE: MA ZIP: 02115 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: 15 WAYSIDE ROAD, SUITE 400 CITY: BURLINGTON STATE: MA ZIP: 01803 BUSINESS PHONE: 781-280-4473 MAIL ADDRESS: STREET 1: 15 WAYSIDE ROAD, SUITE 400 CITY: BURLINGTON STATE: MA ZIP: 01803 4 1 wk-form4_1692736166.xml FORM 4 X0508 4 2023-08-18 0 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001566737 FOLGER ANTHONY C/O PROGRESS SOFTWARE CORPORATION 15 WAYSIDE ROAD, SUITE 400 BURLINGTON MA 01803 0 1 0 0 Chief Financial Officer 1 Common Stock 2023-08-18 4 S 0 2513 58.4414 D 20098 D Common Stock 2023-08-21 4 M 0 10000 31.49 A 30098 D Common Stock 2023-08-21 4 S 0 10000 58.9947 D 20098 D Employee Stock Options 31.49 2023-08-21 4 M 0 10000 0 D 2027-03-29 Common Stock 10000 40394 D The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 19, 2023. This transaction was executed in multiple trades at prices ranging from $58.155 to $58.66 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. Includes 495 shares of common stock acquired by the Reporting Person on March 31, 2023 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan. This transaction was executed in multiple trades at prices ranging from $58.635 to $59.33 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price. Options were granted to the Reporting Person on March 30, 2020 under the Company's 2008 Stock Option and Incentive Plan. As of April 1, 2023, 37,796 options were vested and exercisable. YuFan Stephanie Wang, Attorney-in-Fact 2023-08-22