Folger Anthony's Form 4 filing
Progress Software Corp (PRGS) · filed Feb 2, 2024
- Accession no.
- 0000876167-24-000047
- Filed
- Feb 2, 2024
- Trade date
- Jan 31-Feb 2, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Checked
This filing lists 5 non-derivative transactions and 2 derivative transactions. Open-market sales total $860.4K. 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.
| Owner | Relationship to the company |
|---|---|
| Folger AnthonyCIK 0001566737 | Officer (Chief Financial 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 |
|---|---|---|---|---|---|---|---|---|
| Jan 31, 2024 | Common Stock | MOption exerciseAcquired | +7,500 | $31.49 | +$236,175 | 31,365 | Direct | |
| Jan 31, 2024 | Common Stock | SSaleDisposed | −7,500 | $57.31F2 | −$429,825 | 23,865 | Direct | |
| Feb 1, 2024 | Common Stock | MOption exerciseAcquired | +37,164 | $0.00F4 | $0 | 61,029 | Direct | |
| Feb 1, 2024 | Common Stock | FTax withholdingDisposed | −16,483 | $57.14 | −$941,838.62 | 44,546 | Direct | |
| Feb 2, 2024 | Common Stock | SSaleDisposed | −7,500 | $57.41F6 | −$430,575 | 37,046 | 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 |
|---|---|---|---|---|---|---|---|---|
| Jan 31, 2024 | Common Stock | MOption exerciseDisposed | −7,500 | $0.00 | $0 | 32,894 | Direct | |
| Feb 1, 2024 | Common Stock | MOption exerciseDisposed | −37,164 | $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
This transaction was executed in multiple trades at prices ranging from $57.135 to $57.58 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.
- F4
Restricted stock units convert into common stock on a one-for-one basis.
Referenced by the price of 1 transaction in Table I.
- F6
This transaction was executed in multiple trades at prices ranging from $57.11 to $57.92 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.