0000876167-23-000180.txt : 20231003 0000876167-23-000180.hdr.sgml : 20231003 20231003162011 ACCESSION NUMBER: 0000876167-23-000180 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231001 FILED AS OF DATE: 20231003 DATE AS OF CHANGE: 20231003 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kulikoski Kathryn CENTRAL INDEX KEY: 0001794348 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19417 FILM NUMBER: 231303942 MAIL ADDRESS: STREET 1: C/O PROGRESS SOFTWARE CORPORATION STREET 2: 14 OAK PARK DRIVE CITY: BEDFORD STATE: MA ZIP: 01730 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_1696364399.xml FORM 4 X0508 4 2023-10-01 0 0000876167 PROGRESS SOFTWARE CORP /MA PRGS 0001794348 Kulikoski Kathryn C/O PROGRESS SOFTWARE CORPORATION 15 WAYSIDE ROAD, SUITE 400 BURLINGTON MA 01803 0 1 0 0 Chief People Officer 1 Common Stock 2023-10-01 4 M 0 646 0 A 2719 D Common Stock 2023-10-01 4 F 0 300 53.16 D 2419 D Common Stock 2023-10-01 4 M 0 843 0 A 3262 D Common Stock 2023-10-01 4 F 0 391 53.16 D 2871 D Common Stock 2023-10-01 4 M 0 826 0 A 3697 D Common Stock 2023-10-01 4 F 0 383 53.16 D 3314 D Common Stock 2023-10-02 4 M 0 1487 42.61 A 4801 D Common Stock 2023-10-02 4 S 0 1487 52.50 D 3314 D Restricted Stock Units 2023-10-01 4 M 0 646 0 D Common Stock 646 646 D Restricted Stock Units 2023-10-01 4 M 0 843 0 D Common Stock 843 2529 D Restricted Stock Units 2023-10-01 4 M 0 826 0 D Common Stock 826 4135 D Employee Stock Options 42.61 2023-10-02 4 M 0 1487 0 D 2028-01-18 Common Stock 1487 8918 D Restricted stock units convert into common stock on a one-for-one basis. Represents shares of common stock withheld by Progress Software Corporation (the "Company") to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 19, 2021. Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 20, 2022. Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 19, 2023. The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 13, 2023. On January 19, 2021, the Reporting Person was granted 3,874 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2021, subject to the continued employment of the Reporting Person with the Company. On January 20, 2022, the Reporting Person was granted 5,058 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2022, subject to the continued employment of the Reporting Person with the Company. On January 19, 2023, the Reporting Person was granted 4,961 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company. Options were granted to the Reporting Person on January 19, 2021 under the Company's 2008 Stock Option and Incentive Plan. As of October 1, 2023, 7,434 options were vested and exercisable. YuFan Stephanie Wang, Attorney-in-Fact 2023-10-03