Key facts
- This page summarizes Jennifer Ortiz's Form 4 filing for PROGRESS SOFTWARE CORP /MA (PRGS).
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 23 Jan 2023, 16:19.
Jennifer Ortiz - 19 Jan 2023 Form 4 Insider Report for PROGRESS SOFTWARE CORP /MA (PRGS)
- Reporting relationship
- EVP, Corporate Marketing
- Issuer ticker
- PRGS
- Reported as of
- 19 Jan 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Jan 2023, 16:19:49 UTC
- Prior SEC filing
- 18 Nov 2022
- Source filing
- View source filing
- Reporting owner signature
- YuFan Stephanie Wang, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jennifer Ortiz filed Form 4 for PROGRESS SOFTWARE CORP /MA (PRGS) on 23 Jan 2023.
Change
- Previous filing in this sequence was filed on 18 Nov 2022.
- Current net transaction value: $0.
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
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 5,729
- Date
- 19 Jan 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PRGS
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +3,794
- Change %
- Price
- $0.000000
- Shares after
- 3,794
- Date
- 19 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,794
- Exercise price
- Footnotes
- F2, F3
PRGS
transaction
Derivative
Employee Stock Options (Right to buy)
Award
- Transaction value
- $0
- Shares
- +9,022
- Change %
- Price
- $0.000000
- Shares after
- 9,022
- Date
- 19 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9,022
- Exercise price
- $51.41
- Footnotes
- F4
PRGS
transaction
Derivative
Restricted Stock Units
Award
- Transaction value
- $0
- Shares
- +6,322
- Change %
- Price
- $0.000000
- Shares after
- 6,322
- Date
- 19 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 6,322
- Exercise price
- Footnotes
- F2, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Includes 89 shares of common stock acquired by the Reporting Person on December 31, 2022 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan.
Footnote F2
Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
Footnote F3
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, 2023, subject to the continued employment of the Reporting Person with the Company.
Footnote F4
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, 2023, subject to the continued employment of the Reporting Person with the Company.
Footnote F5
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, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.