PRGS

SEC source: 0000876167-21-000143 · wf-form4_163346859403649.xml · nonDerivative · entry 4

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,458

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: 0000876167-21-000143 · wf-form4_163346859403649.xml · nonDerivative · entry 3

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,323

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: 0000876167-21-000143 · wf-form4_163346859403649.xml · nonDerivative · entry 2

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,328

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.

SEC source: 0000876167-21-000143 · wf-form4_163346859403649.xml · nonDerivative · entry 1

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,430

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.

F2 · balance_after: Includes 665 shares of common stock acquired by the Reporting Person through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan on March 31, 2021.

SEC source: 0000876167-21-000142 · wf-form4_163346852573196.xml · derivative · entry 10

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,410

Underlying: Common Stock · 5,281 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.

F9 · derivative.exercise_date: On January 19, 2021, the Reporting Person was granted 31,691 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.

F9 · derivative.expiration_date: On January 19, 2021, the Reporting Person was granted 31,691 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: 0000876167-21-000142 · wf-form4_163346852573196.xml · derivative · entry 9

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,246

Underlying: Common Stock · 4,082 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 21, 2020, the Reporting Person was granted 24,492 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.

F8 · derivative.expiration_date: On January 21, 2020, the Reporting Person was granted 24,492 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: 0000876167-21-000142 · wf-form4_163346852573196.xml · derivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,255

Underlying: Common Stock · 5,255 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 22, 2019, the Reporting Person was granted 31,529 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, 2019, subject to the continued employment of the Reporting Person with the Company.

F7 · derivative.expiration_date: On January 22, 2019, the Reporting Person was granted 31,529 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, 2019, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000142 · wf-form4_163346852573196.xml · nonDerivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,229

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 19, 2021.

SEC source: 0000876167-21-000142 · wf-form4_163346852573196.xml · nonDerivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,572

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: 0000876167-21-000142 · wf-form4_163346852573196.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,291

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 21, 2020.

SEC source: 0000876167-21-000142 · wf-form4_163346852573196.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,102

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.

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

SEC source: 0000876167-21-000142 · wf-form4_163346852573196.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,020

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 January 22, 2019.

SEC source: 0000876167-21-000142 · wf-form4_163346852573196.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,351

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.

F2 · balance_after: Includes 780 shares of common stock acquired by the Reporting Person through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan on March 31, 2021.

SEC source: 0000876167-21-000133 · wf-form4_163294607486343.xml · derivative · entry 3

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,885

Underlying: Common Stock · 4,885 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, 2024, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2023, 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, 2024, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2023, and the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000133 · wf-form4_163294607486343.xml · derivative · entry 2

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,211

Underlying: Common Stock · 8,211 shares

Expires 2028-09-26

F3 · derivative.exercise_date: The stock options vest in eight equal semiannual installments beginning on April 1, 2022, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000133 · wf-form4_163294607486343.xml · derivative · entry 1

Pitt Ian · CIK 0001878325 · Chief Information Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,931

Underlying: Common Stock · 2,931 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 April 1, 2022, 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 April 1, 2022, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000118 · wf-form4_162508377510010.xml · nonDerivative · entry 1

VITALE VIVIAN M · CIK 0001206593 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,141

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2021 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY21 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2022 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

SEC source: 0000876167-21-000117 · wf-form4_162508375566690.xml · nonDerivative · entry 1

DACIER PAUL T · CIK 0001189870 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,608

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2021 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY21 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2022 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

SEC source: 0000876167-21-000116 · wf-form4_162508373363500.xml · nonDerivative · entry 1

Tucci Angela · CIK 0001626495 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,033

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2021 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY21 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2022 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

SEC source: 0000876167-21-000115 · wf-form4_162508371608052.xml · nonDerivative · entry 1

EGAN JOHN R · CIK 0001189174 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,024

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2021 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY21 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2022 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

SEC source: 0000876167-21-000114 · wf-form4_162508369410303.xml · nonDerivative · entry 1

Gawlick Rainer · CIK 0001542473 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,608

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2021 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY21 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2022 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

SEC source: 0000876167-21-000113 · wf-form4_162508367508572.xml · nonDerivative · entry 1

KRALL DAVID · CIK 0001203375 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 97,739

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2021 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY21 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2022 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

SEC source: 0000876167-21-000112 · wf-form4_162508365628337.xml · nonDerivative · entry 1

King Samskriti · CIK 0001732327 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 28,033

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2021 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY21 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2022 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

SEC source: 0000876167-21-000111 · wf-form4_162508362643300.xml · nonDerivative · entry 1

Kane Charles Francis · CIK 0001381749 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88,208

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2021 equity retainer for the Reporting Person's services as a director of the Company during such period. These deferred stock units were issued in accordance with the Company's FY21 Director Compensation Plan pursuant to the Company's 2008 Stock Option and Incentive Plan and are payable on a one-for-one basis exclusively in common stock on the earlier of a change in control of the Company or the date the Reporting Person terminates service on the board of directors of the Company (the "Board of Directors"). The deferred stock units will vest on the date of the Company's 2022 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

SEC source: 0000876167-21-000091 · wf-form4_162041825550444.xml · nonDerivative · entry 1

SEGAL JEREMY · CIK 0001813585 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

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 17, 2021.

SEC source: 0000876167-21-000089 · wf-form4_162024662343154.xml · derivative · entry 1

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 56,536

Underlying: Common Stock · 56,536 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 under the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest as follows: one-third of the units on April 1, 2022, and the remaining units in four equal semi-annual increments commencing on October 1, 2022. The restricted stock units shall immediately vest upon the death or disability of the Reporting Person.

F2 · derivative.expiration_date: Represents restricted stock units granted to the Reporting Person under the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest as follows: one-third of the units on April 1, 2022, and the remaining units in four equal semi-annual increments commencing on October 1, 2022. The restricted stock units shall immediately vest upon the death or disability of the Reporting Person.

SEC source: 0000876167-21-000087 · wf-form4_161920859143663.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Indirect · By Irrevocable Trust

Disclosed balance after: 100,000

F1 · kind: On April 21, 2021, the Reporting Person transferred 100,000 shares of Progress Software Corporation common stock to an irrevocable trust for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse is trustee of the irrevocable trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of 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: 0000876167-21-000087 · wf-form4_161920859143663.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,316

F1 · kind: On April 21, 2021, the Reporting Person transferred 100,000 shares of Progress Software Corporation common stock to an irrevocable trust for the benefit of the Reporting Person's spouse and children. The Reporting Person's spouse is trustee of the irrevocable trust. The Reporting Person disclaims beneficial ownership of these securities, and the filing of 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: 0000876167-21-000070 · wf-form4_161762568490372.xml · derivative · entry 12

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,969

Underlying: Common Stock · 742 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.

F9 · derivative.exercise_date: On January 21, 2020, the Reporting Person was granted 4,453 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.

F9 · derivative.expiration_date: On January 21, 2020, the Reporting Person was granted 4,453 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: 0000876167-21-000070 · wf-form4_161762568490372.xml · derivative · entry 11

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,016

Underlying: Common Stock · 1,008 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 22, 2019, the Reporting Person was granted 6,047 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, 2019, subject to the continued employment of the Reporting Person with the Company.

F8 · derivative.expiration_date: On January 22, 2019, the Reporting Person was granted 6,047 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, 2019, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000070 · wf-form4_161762568490372.xml · derivative · entry 10

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 644

Underlying: Common Stock · 644 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 October 15, 2018, the Reporting Person was granted 3,860 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning October 1, 2019 and the remaining restricted stock units vest in four equal semiannual installments beginning April 1, 2020, subject to the continued employment of the Reporting Person with the Company.

F7 · derivative.expiration_date: On October 15, 2018, the Reporting Person was granted 3,860 restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning October 1, 2019 and the remaining restricted stock units vest in four equal semiannual installments beginning April 1, 2020, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000070 · wf-form4_161762568490372.xml · derivative · entry 9

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 691 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 January 12, 2018, the Reporting Person was granted 4,143 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, 2018, subject to the continued employment of the Reporting Person with the Company.

F6 · derivative.expiration_date: On January 12, 2018, the Reporting Person was granted 4,143 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, 2018, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000070 · wf-form4_161762568490372.xml · nonDerivative · entry 8

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,544

F5 · price: 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 21, 2020.

SEC source: 0000876167-21-000070 · wf-form4_161762568490372.xml · nonDerivative · entry 7

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,859

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: 0000876167-21-000070 · wf-form4_161762568490372.xml · nonDerivative · entry 6

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,117

F4 · price: 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 22, 2019.

SEC source: 0000876167-21-000070 · wf-form4_161762568490372.xml · nonDerivative · entry 5

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 91,544

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: 0000876167-21-000070 · wf-form4_161762568490372.xml · nonDerivative · entry 4

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,536

F3 · price: 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 October 15, 2018.

SEC source: 0000876167-21-000070 · wf-form4_161762568490372.xml · nonDerivative · entry 3

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,809

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: 0000876167-21-000070 · wf-form4_161762568490372.xml · nonDerivative · entry 2

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,165

F2 · price: Represents shares of common stock withheld by Progress Software Corporation (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 12, 2018.

SEC source: 0000876167-21-000070 · wf-form4_161762568490372.xml · nonDerivative · entry 1

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 90,458

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: 0000876167-21-000069 · wf-form4_161762551705718.xml · derivative · entry 3

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,163

Underlying: Common Stock · 2,540 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.

F4 · 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.

F4 · 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: 0000876167-21-000069 · wf-form4_161762551705718.xml · nonDerivative · entry 2

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,225

F3 · price: 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.

SEC source: 0000876167-21-000069 · wf-form4_161762551705718.xml · nonDerivative · entry 1

FOLGER ANTHONY · CIK 0001566737 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,301

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.

F2 · balance_after: Includes 651 shares of common stock acquired by the Reporting Person through Progress Software Corporation's (the "Company's") Employee Stock Purchase Plan: 518 shares on September 30, 2020 and 133 shares on December 31, 2020.

SEC source: 0000876167-21-000068 · wf-form4_161762538500300.xml · derivative · entry 9

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,328

Underlying: Common Stock · 4,082 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 21, 2020, the Reporting Person was granted 24,492 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.

F7 · derivative.expiration_date: On January 21, 2020, the Reporting Person was granted 24,492 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: 0000876167-21-000068 · wf-form4_161762538500300.xml · derivative · entry 8

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,510

Underlying: Common Stock · 5,255 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 January 22, 2019, the Reporting Person was granted 31,529 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, 2019, subject to the continued employment of the Reporting Person with the Company.

F6 · derivative.expiration_date: On January 22, 2019, the Reporting Person was granted 31,529 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, 2019, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000068 · wf-form4_161762538500300.xml · derivative · entry 7

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,601 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.

F5 · derivative.exercise_date: On January 12, 2018, the Reporting Person was granted 21,602 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, 2018, subject to the continued employment of the Reporting Person with the Company.

F5 · derivative.expiration_date: On January 12, 2018, the Reporting Person was granted 21,602 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, 2018, subject to the continued employment of the Reporting Person with the Company.

SEC source: 0000876167-21-000068 · wf-form4_161762538500300.xml · nonDerivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,316

F4 · price: 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 21, 2020.

SEC source: 0000876167-21-000068 · wf-form4_161762538500300.xml · nonDerivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 121,127

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: 0000876167-21-000068 · wf-form4_161762538500300.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 117,045

F3 · price: 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 22, 2019.

SEC source: 0000876167-21-000068 · wf-form4_161762538500300.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 119,376

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.