Key facts
- This page summarizes Stephen H. Faberman's Form 4 filing for PROGRESS SOFTWARE CORP /MA (PRGS).
- 12 reported transactions and 4 derivative rows are listed below.
- Accepted by SEC: 05 Apr 2022, 17:20.
Stephen H. Faberman - 01 Apr 2022 Form 4 Insider Report for PROGRESS SOFTWARE CORP /MA (PRGS)
- Reporting relationship
- Chief Legal Officer
- Issuer ticker
- PRGS
- Reported as of
- 01 Apr 2022
- Net transaction value
- -$448,427
- SEC form
- 4
- Accepted by SEC
- 05 Apr 2022, 17:20:52 UTC
- Prior SEC filing
- 03 Feb 2022
- Source filing
- View source filing
- Reporting owner signature
- Stephen H. Faberman
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Stephen H. Faberman filed Form 4 for PROGRESS SOFTWARE CORP /MA (PRGS) on 05 Apr 2022.
Change
- Previous filing in this sequence was filed on 03 Feb 2022.
- Current net transaction value: -$448,427.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PRGS
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +1,008
- Change %
- +0.99%
- Price
- $0.000000
- Shares after
- 103,025
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1
PRGS
transaction
Common Stock
Tax liability
- Transaction value
- $21,030
- Shares
- -448
- Change %
- -0.43%
- Price
- $46.94
- Shares after
- 102,577
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F2
PRGS
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +742
- Change %
- +0.72%
- Price
- $0.000000
- Shares after
- 103,319
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1
PRGS
transaction
Common Stock
Tax liability
- Transaction value
- $15,491
- Shares
- -330
- Change %
- -0.32%
- Price
- $46.94
- Shares after
- 102,989
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F3
PRGS
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +939
- Change %
- +0.91%
- Price
- $0.000000
- Shares after
- 103,928
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1
PRGS
transaction
Common Stock
Tax liability
- Transaction value
- $19,574
- Shares
- -417
- Change %
- -0.4%
- Price
- $46.94
- Shares after
- 103,511
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F4
PRGS
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +18,845
- Change %
- +18%
- Price
- $0.000000
- Shares after
- 122,356
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F1
PRGS
transaction
Common Stock
Tax liability
- Transaction value
- $392,333
- Shares
- -8,358
- Change %
- -6.8%
- Price
- $46.94
- Shares after
- 113,998
- Date
- 01 Apr 2022
- Ownership
- Direct
- Footnotes
- F5
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PRGS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -1,008
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 1,008
- Exercise price
- Footnotes
- F1, F6
PRGS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -742
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 1,485
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 742
- Exercise price
- Footnotes
- F1, F7
PRGS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -939
- Change %
- -20%
- Price
- $0.000000
- Shares after
- 3,756
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 939
- Exercise price
- Footnotes
- F1, F8
PRGS
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -18,845
- Change %
- -33%
- Price
- $0.000000
- Shares after
- 37,691
- Date
- 01 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 18,845
- Exercise price
- Footnotes
- F1, F9
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 9 footnotes
Footnote F1
Restricted stock units convert into common stock on a one-for-one basis.
Footnote F2
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 22, 2019.
Footnote F3
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 21, 2020.
Footnote F4
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, 2021.
Footnote F5
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 May 3, 2021.
Footnote F6
On January 22, 2019, the Reporting Person was granted 6,047 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, 2019, subject to the continued employment of the Reporting Person with the Company.
Footnote F7
On January 21, 2020, the Reporting Person was granted 4,453 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, 2020, subject to the continued employment of the Reporting Person with the Company.
Footnote F8
On January 19, 2021, the Reporting Person was granted 5,634 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.
Footnote F9
On May 3, 2021, the Reporting Person was granted 56,536 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 April 1, 2022, subject to the continued employment of the Reporting Person with the Company.