Kathryn Kulikoski - 01 Apr 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
03 Apr 2024, 16:23:07 UTC
Prior SEC filing
02 Feb 2024
Next SEC filing
16 May 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 03 Apr 2024.

Key facts

  • This page summarizes Kathryn Kulikoski's Form 4 filing for PROGRESS SOFTWARE CORP /MA (PRGS).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 03 Apr 2024, 16:23.

Change

  • Previous filing in this sequence was filed on 02 Feb 2024.
  • Current net transaction value: -$56,943.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PRGS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+646
Change %
+6.6%
Price
$0.000000
Shares after
10,447
Date
01 Apr 2024
Ownership
Direct
Footnotes
F1
PRGS transaction

Common Stock

Tax liability

Transaction value
$15,891
Shares
-300
Change %
-2.9%
Price
$52.97
Shares after
10,147
Date
01 Apr 2024
Ownership
Direct
Footnotes
F2
PRGS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+843
Change %
+8.3%
Price
$0.000000
Shares after
10,990
Date
01 Apr 2024
Ownership
Direct
Footnotes
F1
PRGS transaction

Common Stock

Tax liability

Transaction value
$20,711
Shares
-391
Change %
-3.6%
Price
$52.97
Shares after
10,599
Date
01 Apr 2024
Ownership
Direct
Footnotes
F3
PRGS transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+827
Change %
+7.8%
Price
$0.000000
Shares after
11,426
Date
01 Apr 2024
Ownership
Direct
Footnotes
F1
PRGS transaction

Common Stock

Tax liability

Transaction value
$20,340
Shares
-384
Change %
-3.4%
Price
$52.97
Shares after
11,042
Date
01 Apr 2024
Ownership
Direct
Footnotes
F4

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
-646
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
646
Exercise price
Footnotes
F1, F5
PRGS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-843
Change %
-33%
Price
$0.000000
Shares after
1,686
Date
01 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
843
Exercise price
Footnotes
F1, F6
PRGS transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-827
Change %
-20%
Price
$0.000000
Shares after
3,308
Date
01 Apr 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
827
Exercise price
Footnotes
F1, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 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 19, 2021.

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 20, 2022.

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, 2023.

Footnote F5

On January 19, 2021, the Reporting Person was granted 3,874 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 F6

On January 20, 2022, the Reporting Person was granted 5,058 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, 2022, subject to the continued employment of the Reporting Person with the Company.

Footnote F7

On January 19, 2023, the Reporting Person was granted 4,961 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, 2023, subject to the continued employment of the Reporting Person with the Company.

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