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Subramanian Sundar's Form 4 filing

Progress Software Corp (PRGS) · filed Feb 3, 2023

Accession no.
0000876167-23-000052
Filed
Feb 3, 2023
Trade date
Feb 1, 2023
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $30.6K. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Subramanian SundarCIK 0001897760Officer (EVP/GM Infrastructure Mgmt)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Feb 1, 2023Common StockMOption exerciseAcquired+10,130$0.00F2$029,053Direct
Feb 1, 2023Common StockFTax withholdingDisposed−4,331$53.94−$233,614.1424,722Direct
Feb 1, 2023Common StockSSaleDisposed−556$55.00−$30,58024,166Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Feb 1, 2023Common StockMOption exerciseDisposed−10,130$0.00$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

Restricted stock units convert into common stock on a one-for-one basis.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)