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If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
6,400 of these shares represent restricted stock units acquired by reporting person on May 12, 2009 pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest in six equal semiannual installments beginning on October 1, 2009, subject to the continued employment of the reporting person with Progress Software Corporation. As of the date of this filing, 1,066 of these restricted stock units are vested. |
(2) |
Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vested in 57 equal monthly increments commencing on June 1, 2006. |
(3) |
As of the date of this filing, options to purchase 3,400 shares are vested. |
(4) |
Seven-sixtieths (7/60) of the options were vested and exercisable on the grant date. The remaining options vested in 53 equal monthly increments commencing on October 1, 2006. |
(5) |
As of the date of this filing, options to purchase 3,400 shares are vested. |
(6) |
This option grant reflects an amended option grant where "old" options were cancelled and "new" options were issued as replacement options. The option was originally granted on November 15, 2005 with nine-sixtieths (9/60) of the options vesting on the grant date and the remaining options vested in 51 equal monthly increments commencing on December 1, 2005. |
(7) |
As of the date of this filing, options to purchase 38,498 shares are vested. |
(8) |
Two-sixtieths (2/60) of the options were vested and exercisable on the grant date. The remaining options vested in 58 equal monthly increments commencing on May 1, 2007. |
(9) |
As of the date of this filing, options to purchase 3,600 shares are vested. |
(10) |
Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vested in 52 equal monthly increments commencing on November 1, 2007. |
(11) |
As of the date of this filing, options to purchase 3,600 shares are vested. |
(12) |
Two-sixtieths (2/60) of the options were vested and exercisable on the grant date. The remaining options vested in 58 equal monthly increments commencing on May 1, 2008. |
(13) |
As of the date of this filing, options to purchase 4,000 shares are vested. |
(14) |
Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vested in 52 equal monthly increments commencing on November 1, 2008. |
(15) |
As of the date of this filing, options to purchase 8,000 shares are vested. |
(16) |
Three-sixtieths (3/60) of the options were vested and exercisable on the grant date. The remaining options vested in 57 equal monthly increments commencing on June 1, 2009. |
(17) |
As of the date of this filing, options to purchase 2,400 shares are vested. |
(18) |
Eight-sixtieths (8/60) of the options were vested and exercisable on the grant date. The remaining options vested in 52 equal monthly increments commencing on November 1, 2009.. |
(19) |
As of the date of this filing, options to purchase 2,400 shares are vested. |