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Nasdaq · USD

PRGS

PROGRESS SOFTWARE CORP /MA

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Tapewire entity
4559
SEC CIK
0000876167
Parsed reports
552

Last 12 months

Inside the activity.

0 purchase rows · 15 sale rows

Disclosed non-derivative P/S rows, by transaction month. Includes amendments and private transactions.
Monthly counts
MonthPurchasesSales
Nov 202500
Dec 202500
Jan 202601
Feb 202602
Mar 202603
Apr 202600
May 202604
Jun 202600
Jul 202603
Aug 202601
Sep 202600
Oct 202601

Latest available

Insider transactions

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Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateOwner / reported roleActivity / securityShares / unitsReported priceReported valueDetails
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionRestricted Stock Units · Derivative 1,197 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · derivative · entry 11

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,591

Underlying: Common Stock · 1,197 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 February 17, 2017, the Reporting Person was granted 7,180 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, 2017, subject to the continued employment of the Reporting Person with the Company.

F8 · derivative.expiration_date: On February 17, 2017, the Reporting Person was granted 7,180 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, 2017, subject to the continued employment of the Reporting Person with the Company.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionRestricted Stock Units · Derivative 190 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · derivative · entry 10

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 762

Underlying: Common Stock · 190 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 18, 2016, the Reporting Person was granted 4,575 performance-based restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning April 1, 2017 and the remaining restricted stock units vest in four equal semiannual installments beginning October 1, 2017, subject to the Company meeting earnings per share criteria for the fiscal year ending November 30, 2016, and the continued employment of the Reporting Person with the Company.

F7 · derivative.expiration_date: On January 18, 2016, the Reporting Person was granted 4,575 performance-based restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning April 1, 2017 and the remaining restricted stock units vest in four equal semiannual installments beginning October 1, 2017, subject to the Company meeting earnings per share criteria for the fiscal year ending November 30, 2016, and the continued employment of the Reporting Person with the Company.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionRestricted Stock Units · Derivative 509 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · derivative · entry 9

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 509

Underlying: Common Stock · 509 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 18, 2016, the Reporting Person was granted 3,050 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, 2016, subject to the continued employment of the Reporting Person with the Company.

F6 · derivative.expiration_date: On January 18, 2016, the Reporting Person was granted 3,050 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, 2016, subject to the continued employment of the Reporting Person with the Company.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Tax withholdingCommon Stock 293 $35.72 $10,466.72
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · nonDerivative · entry 8

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,517

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 12, 2018.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionCommon Stock 690 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · nonDerivative · entry 7

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,810

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Tax withholdingCommon Stock 509 $35.72 $18,182.80
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · nonDerivative · entry 6

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,120

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 February 17, 2017.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionCommon Stock 1,197 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · nonDerivative · entry 5

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,629

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Tax withholdingCommon Stock 81 $35.72 $2,893.53
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · nonDerivative · entry 4

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,432

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 18, 2016.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionCommon Stock 190 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · nonDerivative · entry 3

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,513

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Tax withholdingCommon Stock 217 $35.72 $7,751.80
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · nonDerivative · entry 2

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,323

F2 · shares: 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 18, 2016.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionCommon Stock 509 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000108 · wf-form4_153859736713652.xml · nonDerivative · entry 1

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,540

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
Gupta Yogesh KDirector · Chief Executive Officer
Exercise / conversionRestricted Stock Units · Derivative 3,600 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000107 · wf-form4_153859733933545.xml · derivative · entry 6

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,002

Underlying: Common Stock · 3,600 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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
Gupta Yogesh KDirector · Chief Executive Officer
Exercise / conversionRestricted Stock Units · Derivative 2,287 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000107 · wf-form4_153859733933545.xml · derivative · entry 5

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,861

Underlying: Common Stock · 2,287 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 October 19, 2016, the Reporting Person was granted 13,722 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, 2017, subject to the continued employment of the Reporting Person with the Company.

F4 · derivative.expiration_date: On October 19, 2016, the Reporting Person was granted 13,722 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, 2017, subject to the continued employment of the Reporting Person with the Company.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
Gupta Yogesh KDirector · Chief Executive Officer
Tax withholdingCommon Stock 1,601 $35.72 $57,191.88
Disclosure

SEC source: 0000876167-18-000107 · wf-form4_153859733933545.xml · nonDerivative · entry 4

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 21,454

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 12, 2018.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
Gupta Yogesh KDirector · Chief Executive Officer
Exercise / conversionCommon Stock 3,600 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000107 · wf-form4_153859733933545.xml · nonDerivative · entry 3

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 23,055

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
Gupta Yogesh KDirector · Chief Executive Officer
Tax withholdingCommon Stock 1,017 $35.72 $36,329.88
Disclosure

SEC source: 0000876167-18-000107 · wf-form4_153859733933545.xml · nonDerivative · entry 2

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,455

F2 · shares: 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 October 19, 2016.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:09 UTC
Gupta Yogesh KDirector · Chief Executive Officer
Exercise / conversionCommon Stock 2,287 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000107 · wf-form4_153859733933545.xml · nonDerivative · entry 1

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

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,472

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Exercise / conversionRestricted Stock Units · Derivative 1,312 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · derivative · entry 12

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,560

Underlying: Common Stock · 1,312 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.

F10 · derivative.exercise_date: On January 12, 2018, the Reporting Person was granted 7,872 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.

F10 · derivative.expiration_date: On January 12, 2018, the Reporting Person was granted 7,872 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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Exercise / conversionRestricted Stock Units · Derivative 1,721 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · derivative · entry 11

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,165

Underlying: Common Stock · 1,721 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 March 31, 2017, the Reporting Person was granted 10,328 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, 2017, subject to the continued employment of the Reporting Person with the Company.

F9 · derivative.expiration_date: On March 31, 2017, the Reporting Person was granted 10,328 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, 2017, subject to the continued employment of the Reporting Person with the Company.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Exercise / conversionRestricted Stock Units · Derivative 83 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · derivative · entry 10

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 334

Underlying: Common Stock · 83 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 18, 2016, the Reporting Person was granted 2,002 performance-based restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning April 1, 2017 and the remaining restricted stock units vest in four equal semiannual installments beginning October 1, 2017, subject to the Company meeting earnings per share criteria for the fiscal year ending November 30, 2016, and the continued employment of the Reporting Person with the Company.

F8 · derivative.expiration_date: On January 18, 2016, the Reporting Person was granted 2,002 performance-based restricted stock units pursuant to the Company's 2008 Stock Option and Incentive Plan. One-third of the restricted stock units vest beginning April 1, 2017 and the remaining restricted stock units vest in four equal semiannual installments beginning October 1, 2017, subject to the Company meeting earnings per share criteria for the fiscal year ending November 30, 2016, and the continued employment of the Reporting Person with the Company.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Exercise / conversionRestricted Stock Units · Derivative 334 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · derivative · entry 9

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 334

Underlying: Common Stock · 334 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 18, 2016, the Reporting Person was granted 2,002 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, 2016, subject to the continued employment of the Reporting Person with the Company.

F7 · derivative.expiration_date: On January 18, 2016, the Reporting Person was granted 2,002 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, 2016, subject to the continued employment of the Reporting Person with the Company.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Tax withholdingCommon Stock 571 $35.72 $20,397.60
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · nonDerivative · entry 8

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,285

F6 · 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 12, 2018.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Exercise / conversionCommon Stock 1,312 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · nonDerivative · entry 7

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,856

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Tax withholdingCommon Stock 748 $35.72 $26,720.50
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · nonDerivative · entry 6

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,544

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 March 31, 2017.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Exercise / conversionCommon Stock 1,721 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · nonDerivative · entry 5

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,292

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Tax withholdingCommon Stock 37 $35.72 $1,321.74
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · nonDerivative · entry 4

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,571

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 performance-based restricted stock units granted to the Reporting Person on January 18, 2016.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Exercise / conversionCommon Stock 83 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · nonDerivative · entry 3

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,608

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.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Tax withholdingCommon Stock 146 $35.72 $5,215.50
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · nonDerivative · entry 2

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,525

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 18, 2016.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:08 UTC
Jalbert Paul AChief Financial Officer
Exercise / conversionCommon Stock 334 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000106 · wf-form4_153859730896518.xml · nonDerivative · entry 1

Jalbert Paul A · CIK 0001306044 · Chief Financial Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,671

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 1041 shares of common stock acquired by the Reporting Person through Progress Software Corporation's (the "Company") Employee Stock Purchase Plan on March 31, 2018.

Read SEC document
June 29, 2018 Filed Jul 3, 2018 14:40 UTC GrantCommon Stock 5,152 $38.82 $200,000.64
Disclosure

SEC source: 0000876167-18-000068 · wf-form4_153062879388326.xml · nonDerivative · entry 1

Kane Charles Francis · CIK 0001381749 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 88,654

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2018 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 FY18 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 2019 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

Read SEC document
June 29, 2018 Filed Jul 3, 2018 14:39 UTC GrantCommon Stock 5,152 $38.82 $200,000.64
Disclosure

SEC source: 0000876167-18-000067 · wf-form4_153062876714865.xml · nonDerivative · entry 1

King Samskriti · CIK 0001732327 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,215

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2018 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 FY18 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 2019 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

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June 29, 2018 Filed Jul 3, 2018 14:39 UTC GrantCommon Stock 5,152 $38.82 $200,000.64
Disclosure

SEC source: 0000876167-18-000066 · wf-form4_153062873153582.xml · nonDerivative · entry 1

Gawlick Rainer · CIK 0001542473 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,790

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2018 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 FY18 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 2019 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

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June 29, 2018 Filed Jul 3, 2018 14:35 UTC
KRALL DAVIDDirector
GrantCommon Stock 5,152 $38.82 $200,000.64
Disclosure

SEC source: 0000876167-18-000062 · wf-form4_153062849690020.xml · nonDerivative · entry 1

KRALL DAVID · CIK 0001203375 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,921

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2018 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 FY18 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 2019 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

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June 29, 2018 Filed Jul 3, 2018 14:34 UTC
EGAN JOHN RDirector
GrantCommon Stock 5,152 $38.82 $200,000.64
Disclosure

SEC source: 0000876167-18-000061 · wf-form4_153062846915964.xml · nonDerivative · entry 1

EGAN JOHN R · CIK 0001189174 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 53,558

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2018 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 FY18 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 2019 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

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June 29, 2018 Filed Jul 3, 2018 14:34 UTC GrantCommon Stock 5,152 $38.82 $200,000.64
Disclosure

SEC source: 0000876167-18-000060 · wf-form4_153062844070790.xml · nonDerivative · entry 1

DACIER PAUL T · CIK 0001189870 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,790

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2018 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 FY18 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 2019 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

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June 29, 2018 Filed Jul 3, 2018 14:33 UTC
Tucci AngelaDirector
GrantCommon Stock 5,152 $38.82 $200,000.64
Disclosure

SEC source: 0000876167-18-000059 · wf-form4_153062840897545.xml · nonDerivative · entry 1

Tucci Angela · CIK 0001626495 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,215

F1 · shares: Represents deferred stock units issued to the Reporting Person by Progress Software Corporation (the "Company") as the fiscal year 2018 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 FY18 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 2019 Annual Meeting of Stockholders, subject to the Reporting Person's continued service on the Board of Directors until such date.

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April 26, 2018 Filed Apr 30, 2018 14:48 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionEmployee Stock Options · Derivative 3,500 $0.00 Strike: $29.64 $0.00
Disclosure

SEC source: 0001270656-18-000006 · wf-form4_152509966765161.xml · derivative · entry 3

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,500 shares

Expires 2018-04-27

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: Two-forty-eighths (2/48) of the options were vested and exercisable on the grant date. The remaining options vested in 46 equal monthly installments commencing on May 1, 2011.

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April 26, 2018 Filed Apr 30, 2018 14:48 UTC
FABERMAN STEPHEN HChief Legal Officer
Tax withholdingCommon Stock 3,002 $37.14 $111,501.79
Disclosure

SEC source: 0001270656-18-000006 · wf-form4_152509966765161.xml · nonDerivative · entry 2

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 70,031

F1 · shares: This Form 4 is being filed to report the exercise of a stock option for a total of 3,500 shares by means of attestation, which is a method of exercising a stock option in which the optionholder attests to the ownership of enough shares of stock already owned by the optionholder to cover the exercise price of the option being exercised. As a result of this transaction, the Reporting Person acquired ownership of an incremental 498 shares of common stock.

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April 26, 2018 Filed Apr 30, 2018 14:48 UTC
FABERMAN STEPHEN HChief Legal Officer
Exercise / conversionCommon Stock 3,500 $29.64 $103,740.00
Disclosure

SEC source: 0001270656-18-000006 · wf-form4_152509966765161.xml · nonDerivative · entry 1

FABERMAN STEPHEN H · CIK 0001270656 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 73,033

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: This Form 4 is being filed to report the exercise of a stock option for a total of 3,500 shares by means of attestation, which is a method of exercising a stock option in which the optionholder attests to the ownership of enough shares of stock already owned by the optionholder to cover the exercise price of the option being exercised. As a result of this transaction, the Reporting Person acquired ownership of an incremental 498 shares of common stock.

F2 · balance_after: Includes 919 shares of common stock acquired through Issuer's Employee Stock Purchase Plan on March 31, 2018.

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April 19, 2018 Filed Apr 23, 2018 18:16 UTC
MARK MICHAELDirector
Exercise / conversionStock Option · Derivative 12,690 $0.00 Strike: $29.64 $0.00
Disclosure

SEC source: 0000876167-18-000042 · wf-form4_152450734574521.xml · derivative · entry 3

MARK MICHAEL · CIK 0001034016 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 12,690 shares

Expires 2018-04-27

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.

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April 19, 2018 Filed Apr 23, 2018 18:16 UTC
MARK MICHAELDirector
SaleCommon Stock 12,690 $38.84 $492,818.69
Disclosure

SEC source: 0000876167-18-000042 · wf-form4_152450734574521.xml · nonDerivative · entry 2

MARK MICHAEL · CIK 0001034016 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 199,915

Read SEC document
April 19, 2018 Filed Apr 23, 2018 18:16 UTC
MARK MICHAELDirector
Exercise / conversionCommon Stock 12,690 $29.64 $376,131.60
Disclosure

SEC source: 0000876167-18-000042 · wf-form4_152450734574521.xml · nonDerivative · entry 1

MARK MICHAEL · CIK 0001034016 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 212,605

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.

Read SEC document
April 02, 2018 Filed Apr 4, 2018 20:49 UTC GrantCommon Stock 8,063 $37.21 $300,024.23
Disclosure

SEC source: 0001732327-18-000004 · wf-form4_152287493623661.xml · nonDerivative · entry 1

King Samskriti · CIK 0001732327 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,063

F1 · shares: Represents deferred stock units acquired by Reporting Person as an Initial Director Grant upon her appointment to Issuer's Board of Directors. These deferred stock units were issued pursuant to the Issuer's 2008 Stock Option and Incentive Plan and the Fiscal Year 2018 Non-Employee Director Compensation Plan and are payable on a one for one basis exclusively in common stock when Reporting Person ceases to be a member of the Issuer's Board of Directors or upon a change in control of the Issuer. The deferred stock units will vest in 60 equal monthly installments commencing May 1, 2018.

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April 02, 2018 Filed Apr 4, 2018 20:47 UTC
Tucci AngelaDirector
GrantCommon Stock 8,063 $37.21 $300,024.23
Disclosure

SEC source: 0001626495-18-000005 · wf-form4_152287484610619.xml · nonDerivative · entry 1

Tucci Angela · CIK 0001626495 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 8,063

F1 · shares: Represents deferred stock units acquired by Reporting Person as an Initial Director Grant upon her appointment to Issuer's Board of Directors. These deferred stock units were issued pursuant to the Issuer's 2008 Stock Option and Incentive Plan and the Fiscal Year 2018 Non-Employee Director Compensation Plan and are payable on a one for one basis exclusively in common stock when Reporting Person ceases to be a member of the Issuer's Board of Directors or upon a change in control of the Issuer. The deferred stock units will vest in 60 equal monthly installments commencing May 1, 2018.

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April 02, 2018 Filed Apr 16, 2018 15:04 UTC GrantCommon Stock 2,688 $37.21 $100,020.48
Disclosure

SEC source: 0000876167-18-000033 · wf-form4_152389106913440.xml · nonDerivative · entry 3

Gawlick Rainer · CIK 0001542473 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,638

F3 · shares: Represents deferred stock units acquired by Reporting Person as the equity retainer for the period from December 2017 until the date of Issuer's 2018 Annual Meeting of Stockholders. These deferred stock units were issued in accordance with Issuer's 2017 Director Compensation Plan pursuant to Issuer's 2008 Stock Option and Incentive Plan and are payable on a one for one basis exclusively in common stock when Reporting Person ceases to provide services to Issuer as a director or upon a change in control of Issuer. The deferred stock units will vest on the date of the 2018 Annual Meeting of Stockholders, subject to Reporting Person's continued service on the Board of Directors until such date.

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April 02, 2018 Filed Apr 16, 2018 15:04 UTC GrantCommon Stock 2,688 $37.21 $100,020.48
Disclosure

SEC source: 0000876167-18-000032 · wf-form4_152389102692007.xml · nonDerivative · entry 3

DACIER PAUL T · CIK 0001189870 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,638

F3 · shares: Represents deferred stock units acquired by Reporting Person as the equity retainer for the period from December 2017 until the date of Issuer's 2018 Annual Meeting of Stockholders. These deferred stock units were issued in accordance with Issuer's 2017 Director Compensation Plan pursuant to Issuer's 2008 Stock Option and Incentive Plan and are payable on a one for one basis exclusively in common stock when Reporting Person ceases to provide services to Issuer as a director or upon a change in control of Issuer. The deferred stock units will vest on the date of the 2018 Annual Meeting of Stockholders, subject to Reporting Person's continued service on the Board of Directors until such date.

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April 01, 2018 Filed Apr 3, 2018 20:28 UTC
Taslakov DimitreChief Talent Officer
Exercise / conversionRestricted Stock Units · Derivative 1,196 $0.00 $0.00
Disclosure

SEC source: 0001665328-18-000004 · wf-form4_152278728390329.xml · derivative · entry 9

Taslakov Dimitre · CIK 0001665328 · Chief Talent Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,788

Underlying: Common Stock · 1,196 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: Represents restricted stock units acquired by the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest in six equal semiannual installments beginning on October 1, 2017, subject to the continued employment of the Reporting Person with Issuer.

F7 · derivative.expiration_date: Represents restricted stock units acquired by the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest in six equal semiannual installments beginning on October 1, 2017, subject to the continued employment of the Reporting Person with Issuer.

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April 01, 2018 Filed Apr 3, 2018 20:28 UTC
Taslakov DimitreChief Talent Officer
Exercise / conversionCommon Stock · Derivative 190 $0.00 $0.00
Disclosure

SEC source: 0001665328-18-000004 · wf-form4_152278728390329.xml · derivative · entry 8

Taslakov Dimitre · CIK 0001665328 · Chief Talent Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,525

Underlying: Common Stock · 190 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: Represents restricted stock units acquired by the Reporting Person upon conversion of performance share units relating to FY16 performance pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. One-third of the restricted units vest on April 1, 2017, with the remaining restricted stock units vesting in four semiannual installments over two years, subject to the continued employment of the Reporting Person with Issuer.

F6 · derivative.expiration_date: Represents restricted stock units acquired by the Reporting Person upon conversion of performance share units relating to FY16 performance pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. One-third of the restricted units vest on April 1, 2017, with the remaining restricted stock units vesting in four semiannual installments over two years, subject to the continued employment of the Reporting Person with Issuer.

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April 01, 2018 Filed Apr 3, 2018 20:28 UTC
Taslakov DimitreChief Talent Officer
Exercise / conversionRestricted Stock Units · Derivative 508 $0.00 $0.00
Disclosure

SEC source: 0001665328-18-000004 · wf-form4_152278728390329.xml · derivative · entry 7

Taslakov Dimitre · CIK 0001665328 · Chief Talent Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,018

Underlying: Common Stock · 508 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: Represents restricted stock units acquired by the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest in six equal semiannual installments beginning on October 1, 2016, subject to the continued employment of the Reporting Person with Issuer.

F5 · derivative.expiration_date: Represents restricted stock units acquired by the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vest in six equal semiannual installments beginning on October 1, 2016, subject to the continued employment of the Reporting Person with Issuer.

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April 01, 2018 Filed Apr 3, 2018 20:28 UTC
Taslakov DimitreChief Talent Officer
Tax withholdingCommon Stock 484 $40.13 $19,420.50
Disclosure

SEC source: 0001665328-18-000004 · wf-form4_152278728390329.xml · nonDerivative · entry 6

Taslakov Dimitre · CIK 0001665328 · Chief Talent Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,045

F4 · shares: Represents shares of common stock withheld by Issuer to pay tax withholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on February 17, 2017.

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Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.