Pitt Ian's Form 4 filing
Progress Software Corp (PRGS) · filed Feb 2, 2024
- Accession no.
- 0000876167-24-000045
- Filed
- Feb 2, 2024
- Trade date
- Feb 1-2, 2024
- Filing delay
- 1 day
- Rule 10b5-1 plan
- Checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $181.8K. It was filed 1 day 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 1, 2024 | Common Stock | MOption exerciseAcquired | +9,098 | $0.00F2 | $0 | 9,098 | Direct | |
| Feb 1, 2024 | Common Stock | FTax withholdingDisposed | −2,763 | $57.14 | −$157,877.82 | 6,335 | Direct | |
| Feb 2, 2024 | Common Stock | SSaleDisposed | −3,168 | $57.40F5 | −$181,843.2 | 3,167 | 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 1, 2024 | Common Stock | MOption exerciseDisposed | −9,098 | $0.00 | $0 | 0 | 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.
- F2
Restricted stock units convert into common stock on a one-for-one basis.
Referenced by the price of 1 transaction in Table I.
- F5
This transaction was executed in multiple trades at prices ranging from $57.11 to $57.79 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.