4 1 e4.txt PROGRESS SOFTWARE CORPORATION 1 FORM 4 - EDGAR PICKUP - PCNS 92-93 ------ FORM 4 ------ U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP / / CHECK BOX IF NO LONGER SUBJECT TO Filed pursuant to Section 16(a) of the Securities SECTION 16. FORM 4 Exchange Act of 1934, Section 17(a) of the OR FORM 5 OBLIGATIONS Public Utility Holding Company Act of 1935 MAY CONTINUE. SEE or Section 30(f) of the Investment Company INSTRUCTION 1(b). Act of 1940 ------------------------------------------------------------------------------------------------------------------------------------ 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person to IRELAND DAVID G. PROGRESS SOFTWARE CORPORATION PRGS Issuer (Check all applicable) --------------------------------------------- ---------------------------------------------- Director 10% Owner (Last) (First) (Middle) 3. IRS Identification 4. Statement for ---- --- 14 OAK PARK Number of Reporting Month/Year X Officer (give Other (Specify --------------------------------------------- Person, if an Entity 07/31/00 ---- title --- below) (Street) (Voluntary) ------------------ below) BEDFORD MA 01730 5. If Amendment, VICE PRESIDENT AND GENERAL MANAGER --------------------------------------------- Date of Original FIELD OPERATIONS (City) (State) (Zip) (Month/Year) ---------------------------------- 7. Individual or Joint/Group Filing ------------------ (Check applicable line) X Form filed by one ---- Reporting Person Form filed by more than ---- one Reporting Person ------------------------------------------------------------------------------------------------------------------------------------ USA TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature (Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In- Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct (Instr. 8) End of Month Direct Benefi- (Month/ (Instr. 3 and 4) (D) or cial Day/ --------------------------------------- Indirect Owner- Year) Code V Amount (A) or Price (I) ship (D) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 7/12/00 M 8,000 A $ 6.00 ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 7/12/00 S 8,000 D $17.00 ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 7/14/00 M 1,000 A $ 6.00 ------------------------------------------------------------------------------------------------------------------------------------ COMMON STOCK 7/14/00 S 1,000 D $17.00 3,398 D ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ *If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v). Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over) (Print or Type Response)
2
FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED (E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES) ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price Security sion or action action Derivative cisable and of Underlying of (Instr. 3) Exercise Date Code Securities Expiration Securities Deriv- Price of (Month/ (Instr. Acquired (A) Date (Instr. 3 and 4) ative Deriv- Day/ 8) or Disposed (Month/Day/ Secur- ative Year) of (D) Year) ity Security (Instr. 3, (Instr. 5) 4, and 5) ----------------------------------- Date Expira- Amount or ---------------------------- Exer- tion Title Number of Code V (A) (D) cisable Date Shares ------------------------------------------------------------------------------------------------------------------------------------ INCENTIVE STOCK OPTION $6.00 7/12/00 M 8,000 10/1/98(1) 9/2/07 COMMON STOCK 8,000 ------------------------------------------------------------------------------------------------------------------------------------ NONQUALIFIED STOCK OPTION $6.00 7/14/00 M 1,000 10/1/98(1) 9/2/07 COMMON STOCK 1,000 ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ ------------------------------------------------------------------------------------------------------------------------------------ 1. Title of Derivative 9. Number of 10. Ownership 11. Nature of Security Derivative Form of Indirect (Instr. 3) Securities Derivative Beneficial Beneficially Security: Ownership Owned at End Direct (D) (Instr. 4) of Month or Indirect (I) (Instr. 4) (Instr. 4) ------------------------------------------------------------------------------------------------------- INCENTIVE STOCK OPTION 42,020(2) D ------------------------------------------------------------------------------------------------------- NONQUALIFIED STOCK OPTION 45,082(3) D ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------- Explanation of Responses: (1) The Option vests in equal monthly increments over a 48 month period commencing October 1, 1998. (2) On 7/31/2000, options to purchase 639 shares were vested. (3) On 7/31/2000, options to purchase 5,226 shares were vested. **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ David G. Ireland 8-9-00 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ------------------------------- ------- **Signature of Reporting Person Date Note. File three copies of this form, one of which must be manually signed. Page 2 If space provided is insufficient, see Instruction 6 for procedure.