Kathryn Kulikoski - 18 Jan 2024 Form 4 Insider Report for PROGRESS SOFTWARE CORP /MA (PRGS)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Jan 2024, 16:22:52 UTC
Prior SEC filing
18 Dec 2023
Next SEC filing
02 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
YuFan Stephanie Wang, Attorney-in-Fact

Key filing fact

Kathryn Kulikoski filed Form 4 for PROGRESS SOFTWARE CORP /MA (PRGS) on 22 Jan 2024.

Key facts

  • This page summarizes Kathryn Kulikoski's Form 4 filing for PROGRESS SOFTWARE CORP /MA (PRGS).
  • 3 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 22 Jan 2024, 16:22.

Change

  • Previous filing in this sequence was filed on 18 Dec 2023.
  • 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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

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
+4,851
Change %
Price
$0.000000
Shares after
4,851
Date
18 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
4,851
Exercise price
Footnotes
F1, F2
PRGS transaction Derivative

Employee Stock Options (Right to buy)

Award

Transaction value
$0
Shares
+11,934
Change %
Price
$0.000000
Shares after
11,934
Date
18 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,934
Exercise price
$57.83
Footnotes
F3
PRGS transaction Derivative

Restricted Stock Units

Award

Transaction value
$0
Shares
+8,085
Change %
Price
$0.000000
Shares after
8,085
Date
18 Jan 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,085
Exercise price
Footnotes
F1, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

Footnote F2

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.

Footnote F3

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.

Footnote F4

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.

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