Pitt Ian's Form 4 filing
Progress Software Corp (PRGS) · filed Feb 7, 2023
- Accession no.
- 0000876167-23-000058
- Filed
- Feb 7, 2023
- Trade date
- Feb 3, 2023
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions and 2 derivative transactions. Open-market sales total $225.6K. It was filed 4 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.
| Owner | Relationship to the company |
|---|---|
| Pitt IanCIK 0001878325 | Officer (Chief Information Officer) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 3, 2023 | Common Stock | MOption exerciseAcquired | +2,054 | $51.18 | +$105,123.72 | 3,704 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseAcquired | +1,398 | $44.49 | +$62,197.02 | 5,102 | Direct | |
| Feb 3, 2023 | Common Stock | SSaleDisposed | −3,970 | $56.82F1 | −$225,575.4 | 1,132 | Direct |
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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 3, 2023 | Common Stock | MOption exerciseDisposed | −2,054 | $0.00 | $0 | 6,157 | Direct | |
| Feb 3, 2023 | Common Stock | MOption exerciseDisposed | −1,398 | $0.00 | $0 | 9,786 | Direct |
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.
- F1
This transaction was executed in multiple trades at prices ranging from $56.26 to $57.25 per share. The price reported represents the weighted average sale price of these trades. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.