0000876167-24-000027.txt : 20240122 0000876167-24-000027.hdr.sgml : 20240122 20240122162335 ACCESSION NUMBER: 0000876167-24-000027 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240118 FILED AS OF DATE: 20240122 DATE AS OF CHANGE: 20240122 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FOLGER ANTHONY CENTRAL INDEX KEY: 0001566737 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19417 FILM NUMBER: 24549119 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] ORGANIZATION NAME: 06 Technology 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_1705958601.xml FORM 4 X0508 4 2024-01-18 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 0 Restricted Stock Units 2024-01-18 4 A 0 14785 0 A Common Stock 14785 14785 D Employee Stock Options (Right to buy) 57.83 2024-01-18 4 A 0 36376 0 A 2031-01-17 Common Stock 36376 36376 D Restricted Stock Units 2024-01-18 4 A 0 24642 0 A Common Stock 24642 24642 D Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock. Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2024, subject to the continued employment of the Reporting Person with the Company. Represents stock options granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The stock options vest in eight equal semiannual installments beginning on October 1, 2024, subject to the continued employment of the Reporting Person with the Company. Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2027, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2026, and the continued employment of the Reporting Person with the Company. YuFan Stephanie Wang, Attorney-in-Fact 2024-01-22