PRGS

SEC source: 0000876167-23-000027 · wf-form4_167451242415600.xml · derivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 97,155

Underlying: Common Stock · 97,155 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: 0000876167-23-000027 · wf-form4_167451242415600.xml · derivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,849

Underlying: Common Stock · 40,849 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: 0000876167-23-000026 · wf-form4_167451239175418.xml · derivative · entry 3

WANG YUFAN STEPHANIE · CIK 0001948524 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,699

Underlying: Common Stock · 10,699 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: 0000876167-23-000026 · wf-form4_167451239175418.xml · derivative · entry 2

WANG YUFAN STEPHANIE · CIK 0001948524 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,268

Underlying: Common Stock · 15,268 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: 0000876167-23-000026 · wf-form4_167451239175418.xml · derivative · entry 1

WANG YUFAN STEPHANIE · CIK 0001948524 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,419

Underlying: Common Stock · 6,419 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: 0000876167-23-000024 · wf-form4_167451235778394.xml · derivative · entry 3

Jarrett Loren · CIK 0001750308 · EVP/GM Digital Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,671

Underlying: Common Stock · 11,671 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: 0000876167-23-000024 · wf-form4_167451235778394.xml · derivative · entry 2

Jarrett Loren · CIK 0001750308 · EVP/GM Digital Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,656

Underlying: Common Stock · 16,656 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: 0000876167-23-000024 · wf-form4_167451235778394.xml · derivative · entry 1

Jarrett Loren · CIK 0001750308 · EVP/GM Digital Experience

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,003

Underlying: Common Stock · 7,003 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: 0000876167-23-000025 · wf-form4_167451237488019.xml · derivative · entry 4

Ortiz Jennifer · CIK 0001887559 · EVP, Corporate Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,322

Underlying: Common Stock · 6,322 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.

F5 · 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.

F5 · 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: 0000876167-23-000025 · wf-form4_167451237488019.xml · derivative · entry 3

Ortiz Jennifer · CIK 0001887559 · EVP, Corporate Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,022

Underlying: Common Stock · 9,022 shares

Expires 2030-01-18

F4 · 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: 0000876167-23-000025 · wf-form4_167451237488019.xml · derivative · entry 2

Ortiz Jennifer · CIK 0001887559 · EVP, Corporate Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,794

Underlying: Common Stock · 3,794 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: 0000876167-23-000022 · wf-form4_167451232007968.xml · derivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,671

Underlying: Common Stock · 11,671 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: 0000876167-23-000022 · wf-form4_167451232007968.xml · derivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,656

Underlying: Common Stock · 16,656 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: 0000876167-23-000022 · wf-form4_167451232007968.xml · derivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,003

Underlying: Common Stock · 7,003 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: 0000876167-23-000023 · wf-form4_167451233736663.xml · derivative · entry 3

Subramanian Sundar · CIK 0001897760 · EVP/GM Infrastructure Mgmt

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,671

Underlying: Common Stock · 11,671 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: 0000876167-23-000023 · wf-form4_167451233736663.xml · derivative · entry 2

Subramanian Sundar · CIK 0001897760 · EVP/GM Infrastructure Mgmt

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,656

Underlying: Common Stock · 16,656 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: 0000876167-23-000023 · wf-form4_167451233736663.xml · derivative · entry 1

Subramanian Sundar · CIK 0001897760 · EVP/GM Infrastructure Mgmt

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,003

Underlying: Common Stock · 7,003 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: 0000876167-23-000010 · wf-form4_167416834286020.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 20,000

F1 · 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.

F2 · price: This transaction was executed in multiple trades at prices ranging from $53.240 to $53.920 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.

F3 · 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: 0000876167-23-000006 · wf-form4_167364390765451.xml · nonDerivative · entry 1

Subramanian Sundar · CIK 0001897760 · EVP/GM DevOps

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,923

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 22, 2022.

F2 · balance_after: Includes 116 shares of common stock acquired by the Reporting Person on September 30, 2022 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan.

SEC source: 0000876167-23-000032 · wf-form4_167451252178943.xml · nonDerivative · entry 1

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,603

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 October 11, 2022.

F2 · price: This transaction was executed in multiple trades at prices ranging from $51.85 to $52.67 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: 0000876167-22-000214 · wf-form4_167184365878617.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 30,000

F1 · 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.

F2 · price: This transaction was executed in multiple trades at prices ranging from $49.27 to $49.75 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.

F3 · 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: 0000876167-22-000208 · wf-form4_167028103434296.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 35,000

F1 · 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.

F2 · price: This transaction was executed in multiple trades at prices ranging from $54.00 to $54.115 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.

F3 · 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: 0000876167-22-000206 · wf-form4_166915499447422.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 45,000

F1 · 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.

F2 · price: This transaction was executed in multiple trades at prices ranging from $51.12 to $51.52 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.

F3 · 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: 0000876167-22-000204 · wf-form4_166880907857744.xml · nonDerivative · entry 1

Ortiz Jennifer · CIK 0001887559 · EVP, Corporate Marketing

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,640

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 November 19, 2021.

F2 · balance_after: Includes 89 shares of common stock acquired by the Reporting Person on September 30, 2022 through Progress Software Corporation's Employee Stock Purchase Plan.

SEC source: 0000876167-22-000202 · wf-form4_166872388921007.xml · derivative · entry 11

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,609

Underlying: Common Stock · 500 shares

Expires 2028-01-18

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 January 19, 2021 under the Company's 2008 Stock Option and Incentive Plan. As of October 1, 2022, 2,542 options were vested and exercisable.

SEC source: 0000876167-22-000202 · wf-form4_166872388921007.xml · derivative · entry 10

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,893

Underlying: Common Stock · 1,132 shares

Expires 2026-01-21

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.

F6 · derivative.exercise_date: Options were granted to the Reporting Person on January 22, 2019 under the Company's 2008 Stock Option and Incentive Plan. As of October 1, 2022, 4,078 options were vested and exercisable.

SEC source: 0000876167-22-000202 · wf-form4_166872388921007.xml · derivative · entry 9

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 264 shares

Expires 2024-02-16

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.

F5 · derivative.exercise_date: Options were granted to the Reporting Person on February 17, 2017 under Progress Software Corporation's (the "Company's") 2008 Stock Option and Incentive Plan. As of April 1, 2021, all options were vested and exercisable.

SEC source: 0000876167-22-000202 · wf-form4_166872388921007.xml · nonDerivative · entry 8

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,386

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 8, 2022.

F2 · price: This transaction was executed in multiple trades at prices ranging from $51.97 to $52.24 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: 0000876167-22-000202 · wf-form4_166872388921007.xml · nonDerivative · entry 7

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,586

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 8, 2022.

F2 · price: This transaction was executed in multiple trades at prices ranging from $51.97 to $52.24 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: 0000876167-22-000202 · wf-form4_166872388921007.xml · nonDerivative · entry 6

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,886

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 8, 2022.

F4 · price: This transaction was executed in multiple trades at prices ranging from $51.97 to $52.428 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: 0000876167-22-000202 · wf-form4_166872388921007.xml · nonDerivative · entry 5

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,386

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: 0000876167-22-000202 · wf-form4_166872388921007.xml · nonDerivative · entry 4

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,886

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 8, 2022.

F3 · price: This transaction was executed in multiple trades at prices ranging from $51.77 to $52.428 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: 0000876167-22-000202 · wf-form4_166872388921007.xml · nonDerivative · entry 3

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,018

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: 0000876167-22-000202 · wf-form4_166872388921007.xml · nonDerivative · entry 2

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,886

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 8, 2022.

F2 · price: This transaction was executed in multiple trades at prices ranging from $51.97 to $52.24 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: 0000876167-22-000202 · wf-form4_166872388921007.xml · nonDerivative · entry 1

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,150

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: 0000876167-22-000200 · wf-form4_166846125578502.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 50,000

F1 · 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.

F2 · price: This transaction was executed in multiple trades at prices ranging from $52.00 to $52.07 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.

F3 · 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: 0000876167-22-000198 · wf-form4_166794349348447.xml · nonDerivative · entry 2

Jarrett Loren · CIK 0001750308 · EVP & GM Developer Tools

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,455

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.

SEC source: 0000876167-22-000198 · wf-form4_166794349348447.xml · nonDerivative · entry 1

Jarrett Loren · CIK 0001750308 · EVP & GM Developer Tools

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,555

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 $48.345 to $49.34 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: 0000876167-22-000196 · wf-form4_166733319195900.xml · nonDerivative · entry 1

LoCoco Domenic · CIK 0001906390 · Chief Accounting Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,886

F1 · price: This transaction was executed in multiple trades at prices ranging from $50.9400 to $50.9500 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.

F2 · balance_after: Includes 104 shares of common stock acquired by the Reporting Person on September 30, 2022 through Progress Software Corporation's Employee Stock Purchase Plan.

SEC source: 0000876167-22-000194 · wf-form4_166690125530220.xml · nonDerivative · entry 1

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,201

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.

F2 · balance_after: Includes 27 shares of common stock acquired by the Reporting Person on September 30, 2022 through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan.

SEC source: 0000876167-22-000192 · wf-form4_166672894999644.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 60,000

F1 · 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.

F2 · price: This transaction was executed in multiple trades at prices ranging from $46.04 to $46.73 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.

F3 · 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: 0000876167-22-000190 · wf-form4_166577826589054.xml · nonDerivative · entry 1

Kulikoski Kathryn · CIK 0001794348 · Chief People Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,303

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: 0000876167-22-000185 · wf-form4_166500367726641.xml · derivative · entry 9

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,240

Underlying: Common Stock · 2,247 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.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F8 · derivative.exercise_date: On January 20, 2022, the Reporting Person was granted 13,487 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2022, subject to the continued employment of the Reporting Person with the Company.

F8 · derivative.expiration_date: On January 20, 2022, the Reporting Person was granted 13,487 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2022, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-22-000185 · wf-form4_166500367726641.xml · derivative · entry 8

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,987

Underlying: Common Stock · 1,995 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.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F7 · derivative.exercise_date: On January 19, 2021, the Reporting Person was granted 11,972 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2021, subject to the continued employment of the Reporting Person with the Company.

F7 · derivative.expiration_date: On January 19, 2021, the Reporting Person was granted 11,972 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2021, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-22-000185 · wf-form4_166500367726641.xml · derivative · entry 7

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,541

Underlying: Common Stock · 2,541 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.

F1 · derivative.exercise_price: Restricted stock units convert into common stock on a one-for-one basis.

F6 · derivative.exercise_date: On March 30, 2020, the Reporting Person was granted 15,243 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2020, subject to the continued employment of the Reporting Person with the Company.

F6 · derivative.expiration_date: On March 30, 2020, the Reporting Person was granted 15,243 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2020, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-22-000185 · wf-form4_166500367726641.xml · nonDerivative · entry 6

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,466

F5 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 20, 2022.

SEC source: 0000876167-22-000185 · wf-form4_166500367726641.xml · nonDerivative · entry 5

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,463

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

SEC source: 0000876167-22-000185 · wf-form4_166500367726641.xml · nonDerivative · entry 4

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,216

F4 · shares: Represents shares of common stock withheld by the Company to pay the tax withholding obligations of the Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on January 19, 2021.

SEC source: 0000876167-22-000185 · wf-form4_166500367726641.xml · nonDerivative · entry 3

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,101

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

SEC source: 0000876167-22-000185 · wf-form4_166500367726641.xml · nonDerivative · entry 2

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,106

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 restricted stock units granted to the Reporting Person on March 30, 2020.