PRGS

SEC source: 0000876167-23-000060 · wf-form4_167589383946785.xml · nonDerivative · entry 1

Jarrett Loren · CIK 0001750308 · EVP/GM Digital Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,639

F1 · kind: The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 14, 2022.

F2 · price: This transaction was executed in multiple trades at prices ranging from $55.5250 to $56.3950 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.

SEC source: 0000876167-23-000058 · wf-form4_167580416009764.xml · derivative · entry 5

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,786

Underlying: Common Stock · 1,398 shares

Expires 2029-01-19

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_date: Options were granted to the Reporting Person on January 20, 2022 under the Company's 2008 Stock Option and Incentive Plan. As of October 1, 2022, 1,398 options were vested and exercisable.

SEC source: 0000876167-23-000058 · wf-form4_167580416009764.xml · derivative · entry 4

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,157

Underlying: Common Stock · 2,054 shares

Expires 2028-09-26

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_date: Options were granted to the Reporting Person on September 27, 2021 under Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan. As of October 1, 2022, 2,054 options were vested and exercisable.

SEC source: 0000876167-23-000058 · wf-form4_167580416009764.xml · nonDerivative · entry 3

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,132

F1 · price: 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.

SEC source: 0000876167-23-000058 · wf-form4_167580416009764.xml · nonDerivative · entry 2

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,102

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000876167-23-000058 · wf-form4_167580416009764.xml · nonDerivative · entry 1

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,704

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000876167-23-000050 · wf-form4_167546273131729.xml · nonDerivative · entry 5

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 636

F4 · kind: The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 25, 2022.

F6 · price: This transaction was executed in multiple trades at prices ranging from $54.950 to $56.400 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.

SEC source: 0000876167-23-000044 · wf-form4_167546149828877.xml · nonDerivative · entry 4

Gupta Yogesh K · CIK 0001301277 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 0

F4 · kind: This trade was effected pursuant to a Rule 10b5-1 trading plan adopted on November 15, 2021 by an irrevocable trust for the benefit of the Reporting Person's spouse (who is also trustee of the trust) and children.

F7 · price: This transaction was executed in multiple trades at prices ranging from $55.0000 to $56.0350 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.

F6 · ownership.nature: These shares are held in a trust for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse is trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

SEC source: 0000876167-23-000042 · wf-form4_167546101644353.xml · nonDerivative · entry 3

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,116

F4 · kind: The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 11, 2022.

F5 · price: This transaction was executed in multiple trades at prices ranging from $55.000 to $56.090 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.

SEC source: 0000876167-23-000052 · wf-form4_167546315888649.xml · derivative · entry 4

Subramanian Sundar · CIK 0001897760 · EVP/GM Infrastructure Mgmt

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 10,130 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.exercise_date: On January 21, 2020, the Reporting Person was granted 6,362 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F1 · derivative.expiration_date: On January 21, 2020, the Reporting Person was granted 6,362 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

SEC source: 0000876167-23-000052 · wf-form4_167546315888649.xml · nonDerivative · entry 3

Subramanian Sundar · CIK 0001897760 · EVP/GM Infrastructure Mgmt

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,166

F4 · kind: The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 22, 2022.

SEC source: 0000876167-23-000052 · wf-form4_167546315888649.xml · nonDerivative · entry 2

Subramanian Sundar · CIK 0001897760 · EVP/GM Infrastructure Mgmt

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,722

F3 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on January 21, 2020.

SEC source: 0000876167-23-000052 · wf-form4_167546315888649.xml · nonDerivative · entry 1

Subramanian Sundar · CIK 0001897760 · EVP/GM Infrastructure Mgmt

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,053

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On January 21, 2020, the Reporting Person was granted 6,362 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F2 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0000876167-23-000050 · wf-form4_167546273131729.xml · derivative · entry 7

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,821

Underlying: Common Stock · 11,820 shares

Expires 2027-06-28

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · derivative.exercise_date: Options were granted to the Reporting Person on June 29, 2020 under the Company's 2008 Stock Option and Incentive Plan. As of February 1, 2023, 11,820 options were vested and exercisable.

SEC source: 0000876167-23-000050 · wf-form4_167546273131729.xml · derivative · entry 6

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 20,448 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.exercise_date: On June 29, 2020, the Reporting Person was granted 12,841 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F1 · derivative.expiration_date: On June 29, 2020, the Reporting Person was granted 12,841 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

SEC source: 0000876167-23-000050 · wf-form4_167546273131729.xml · nonDerivative · entry 4

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,313

F4 · kind: The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on October 25, 2022.

F5 · price: This transaction was executed in multiple trades at prices ranging from $52.99 to $53.60 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.

SEC source: 0000876167-23-000050 · wf-form4_167546273131729.xml · nonDerivative · entry 3

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 24,133

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

SEC source: 0000876167-23-000050 · wf-form4_167546273131729.xml · nonDerivative · entry 2

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,313

F3 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on June 29, 2020.

SEC source: 0000876167-23-000050 · wf-form4_167546273131729.xml · nonDerivative · entry 1

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,084

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On June 29, 2020, the Reporting Person was granted 12,841 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F2 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0000876167-23-000048 · wf-form4_167546227922386.xml · derivative · entry 3

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,597 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.exercise_date: On January 21, 2020, the Reporting Person was granted 4,771 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F1 · derivative.expiration_date: On January 21, 2020, the Reporting Person was granted 4,771 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

SEC source: 0000876167-23-000048 · wf-form4_167546227922386.xml · nonDerivative · entry 2

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,851

F3 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on January 21, 2020.

SEC source: 0000876167-23-000048 · wf-form4_167546227922386.xml · nonDerivative · entry 1

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,373

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On January 21, 2020, the Reporting Person was granted 4,771 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F2 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0000876167-23-000046 · wf-form4_167546197656342.xml · derivative · entry 3

Jarrett Loren · CIK 0001750308 · EVP/GM Digital Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 11,819 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.exercise_date: On January 21, 2020, the Reporting Person was granted 7,422 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F1 · derivative.expiration_date: On January 21, 2020, the Reporting Person was granted 7,422 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

SEC source: 0000876167-23-000046 · wf-form4_167546197656342.xml · nonDerivative · entry 2

Jarrett Loren · CIK 0001750308 · EVP/GM Digital Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 22,268

F3 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on January 21, 2020.

SEC source: 0000876167-23-000046 · wf-form4_167546197656342.xml · nonDerivative · entry 1

Jarrett Loren · CIK 0001750308 · EVP/GM Digital Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,274

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On January 21, 2020, the Reporting Person was granted 7,422 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F2 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0000876167-23-000044 · wf-form4_167546149828877.xml · derivative · entry 5

Gupta Yogesh K · CIK 0001301277 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 65,003 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.exercise_date: On January 21, 2020, the Reporting Person was granted 40,819 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F1 · derivative.expiration_date: On January 21, 2020, the Reporting Person was granted 40,819 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

SEC source: 0000876167-23-000044 · wf-form4_167546149828877.xml · nonDerivative · entry 3

Gupta Yogesh K · CIK 0001301277 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 11,032

F4 · kind: This trade was effected pursuant to a Rule 10b5-1 trading plan adopted on November 15, 2021 by an irrevocable trust for the benefit of the Reporting Person's spouse (who is also trustee of the trust) and children.

F5 · price: This transaction was executed in multiple trades at prices ranging from $55.0000 to $55.0500 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.

F6 · ownership.nature: These shares are held in a trust for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse is trustee of the trust. The Reporting Person disclaims beneficial ownership of these securities, and the inclusion of these securities in this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

SEC source: 0000876167-23-000044 · wf-form4_167546149828877.xml · nonDerivative · entry 2

Gupta Yogesh K · CIK 0001301277 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,902

F3 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on January 21, 2020.

SEC source: 0000876167-23-000044 · wf-form4_167546149828877.xml · nonDerivative · entry 1

Gupta Yogesh K · CIK 0001301277 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 151,332

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On January 21, 2020, the Reporting Person was granted 40,819 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F2 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0000876167-23-000042 · wf-form4_167546101644353.xml · derivative · entry 4

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 40,456 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.exercise_date: On March 30, 2020, the Reporting Person was granted 25,405 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F1 · derivative.expiration_date: On March 30, 2020, the Reporting Person was granted 25,405 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

SEC source: 0000876167-23-000042 · wf-form4_167546101644353.xml · nonDerivative · entry 2

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,116

F3 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on March 30, 2020.

SEC source: 0000876167-23-000042 · wf-form4_167546101644353.xml · nonDerivative · entry 1

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,059

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On March 30, 2020, the Reporting Person was granted 25,405 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F2 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0000876167-23-000040 · wf-form4_167546056889709.xml · derivative · entry 3

Ainsworth John · CIK 0001750309 · EVP/GM App & Data Platform

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 11,819 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F1 · derivative.exercise_date: On January 21, 2020, the Reporting Person was granted 7,422 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F1 · derivative.expiration_date: On January 21, 2020, the Reporting Person was granted 7,422 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

SEC source: 0000876167-23-000040 · wf-form4_167546056889709.xml · nonDerivative · entry 2

Ainsworth John · CIK 0001750309 · EVP/GM App & Data Platform

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,956

F3 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of performance-based restricted stock units granted to the Reporting Person on January 21, 2020.

SEC source: 0000876167-23-000040 · wf-form4_167546056889709.xml · nonDerivative · entry 1

Ainsworth John · CIK 0001750309 · EVP/GM App & Data Platform

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,199

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: On January 21, 2020, the Reporting Person was granted 7,422 performance-based restricted stock units pursuant to Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan and 2019 Long Term Incentive Plan. Based on the Company meeting relative total shareholder return and cumulative operating income criteria over the three-year period ending November 30, 2022, the amount shown is the amount of performance-based restricted stock units that vested under the 2019 Long Term Incentive Plan on February 1, 2023.

F2 · price: Restricted stock units convert into common stock on a one-for-one basis.

SEC source: 0000876167-23-000038 · wf-form4_167528733142945.xml · nonDerivative · entry 1

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,776

F1 · kind: The trading activity reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on July 13, 2022.

SEC source: 0000876167-23-000031 · wf-form4_167451250273573.xml · derivative · entry 2

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,311

Underlying: Common Stock · 5,311 shares

Expires not disclosed

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.

F3 · derivative.exercise_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

F3 · derivative.expiration_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000032 · wf-form4_167451252178943.xml · derivative · entry 4

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,287

Underlying: Common Stock · 25,287 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F6 · derivative.exercise_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

F6 · derivative.expiration_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000032 · wf-form4_167451252178943.xml · derivative · entry 3

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,087

Underlying: Common Stock · 36,087 shares

Expires 2030-01-18

F5 · derivative.exercise_date: Represents stock options granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The stock options vest in eight equal semiannual installments beginning on October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000032 · wf-form4_167451252178943.xml · derivative · entry 2

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,173

Underlying: Common Stock · 15,173 shares

Expires not disclosed

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F4 · derivative.exercise_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

F4 · derivative.expiration_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000030 · wf-form4_167451248116415.xml · derivative · entry 3

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,726

Underlying: Common Stock · 9,726 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F4 · derivative.exercise_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

F4 · derivative.expiration_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000030 · wf-form4_167451248116415.xml · derivative · entry 2

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,880

Underlying: Common Stock · 13,880 shares

Expires 2030-01-18

F3 · derivative.exercise_date: Represents stock options granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The stock options vest in eight equal semiannual installments beginning on October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000030 · wf-form4_167451248116415.xml · derivative · entry 1

SEGAL JEREMY · CIK 0001813585 · EVP, Corporate Development

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,836

Underlying: Common Stock · 5,836 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F2 · derivative.exercise_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

F2 · derivative.expiration_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000029 · wf-form4_167451246218509.xml · derivative · entry 3

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,267

Underlying: Common Stock · 8,267 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F4 · derivative.exercise_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

F4 · derivative.expiration_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000029 · wf-form4_167451246218509.xml · derivative · entry 2

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,798

Underlying: Common Stock · 11,798 shares

Expires 2030-01-18

F3 · derivative.exercise_date: Represents stock options granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The stock options vest in eight equal semiannual installments beginning on October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000029 · wf-form4_167451246218509.xml · derivative · entry 1

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,961

Underlying: Common Stock · 4,961 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F2 · derivative.exercise_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

F2 · derivative.expiration_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000028 · wf-form4_167451244510864.xml · derivative · entry 3

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,809

Underlying: Common Stock · 6,809 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F4 · derivative.exercise_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

F4 · derivative.expiration_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000028 · wf-form4_167451244510864.xml · derivative · entry 2

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,716

Underlying: Common Stock · 9,716 shares

Expires 2030-01-18

F3 · derivative.exercise_date: Represents stock options granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The stock options vest in eight equal semiannual installments beginning on October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000028 · wf-form4_167451244510864.xml · derivative · entry 1

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,085

Underlying: Common Stock · 4,085 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F2 · derivative.exercise_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

F2 · derivative.expiration_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2023, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-23-000027 · wf-form4_167451242415600.xml · derivative · entry 3

Gupta Yogesh K · CIK 0001301277 · Director · Chief Executive Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 68,081

Underlying: Common Stock · 68,081 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of Progress Software Corporation's (the "Company's") common stock.

F4 · derivative.exercise_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.

F4 · derivative.expiration_date: Represents performance-based restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest on February 1, 2026, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2025, and the continued employment of the Reporting Person with the Company.