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person · Reporting owner

Sweis Faris

Disclosed activity across 1 company

Tapewire entity
158601
SEC CIK
0001750313

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Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
PROGRESS SOFTWARE CORP /MAPRGS · Entity 4559Senior Vice PresidentApril 01, 2019April 03, 2019

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

PROGRESS SOFTWARE CORP /MA

Report date April 01, 2019 · Filed April 03, 2019

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect44,959 Ending reported balance After 2019-04-01 transaction · row 12
12 source rows · reconciled sequence

Row 1 · 2019-04-01 · Exercise / conversion · Acquired 350 · Balance 43,202

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

Row 2 · 2019-04-01 · Tax withholding · Disposed 83 · Balance 43,119

F2: 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.

Row 3 · 2019-04-01 · Exercise / conversion · Acquired 87 · Balance 43,206

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

Row 4 · 2019-04-01 · Tax withholding · Disposed 22 · Balance 43,184

F3: 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

Row 5 · 2019-04-01 · Exercise / conversion · Acquired 336 · Balance 43,520

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

Row 6 · 2019-04-01 · Tax withholding · Disposed 82 · Balance 43,438

F4: 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 July 1, 2016.

Row 7 · 2019-04-01 · Exercise / conversion · Acquired 126 · Balance 43,564

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

Row 8 · 2019-04-01 · Tax withholding · Disposed 31 · Balance 43,533

F5: 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 July 1, 2016.

Row 9 · 2019-04-01 · Exercise / conversion · Acquired 1,197 · Balance 44,730

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

Row 10 · 2019-04-01 · Tax withholding · Disposed 292 · Balance 44,438

F6: 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.

Row 11 · 2019-04-01 · Exercise / conversion · Acquired 690 · Balance 45,128

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

Row 12 · 2019-04-01 · Tax withholding · Disposed 169 · Balance 44,959

F7: 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.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect0 Reported balance After 2019-04-01 transaction · row 13 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 13 · 2019-04-01 · Exercise / conversion · Disposed 350 · Balance 0

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

F8: On January 18, 2016, the Reporting Person was granted 2,097 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.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect0 Reported balance After 2019-04-01 transaction · row 14 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 14 · 2019-04-01 · Exercise / conversion · Disposed 87 · Balance 0

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

F9: On January 18, 2016, the Reporting Person was granted 2,097 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.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect337 Reported balance After 2019-04-01 transaction · row 15 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 15 · 2019-04-01 · Exercise / conversion · Disposed 336 · Balance 337

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

F10: On July 1, 2016, the Reporting Person was granted 2,017 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 April 1, 2017, subject to the continued employment of the Reporting Person with the Company.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect0 Reported balance After 2019-04-01 transaction · row 16 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 16 · 2019-04-01 · Exercise / conversion · Disposed 126 · Balance 0

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

F11: On July 1, 2016, the Reporting Person was granted 3,025 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

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect2,394 Reported balance After 2019-04-01 transaction · row 17 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 17 · 2019-04-01 · Exercise / conversion · Disposed 1,197 · Balance 2,394

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

F12: 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.

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect2,763 Reported balance After 2019-04-01 transaction · row 18 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 18 · 2019-04-01 · Exercise / conversion · Disposed 690 · Balance 2,763

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

F13: 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.

Filing footnotes · ownership attribution and instrument terms

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

F2: 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.

F3: 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

F4: 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 July 1, 2016.

F5: 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 July 1, 2016.

F6: 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.

F7: 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.

F8: On January 18, 2016, the Reporting Person was granted 2,097 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.

F9: On January 18, 2016, the Reporting Person was granted 2,097 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.

F10: On July 1, 2016, the Reporting Person was granted 2,017 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 April 1, 2017, subject to the continued employment of the Reporting Person with the Company.

F11: On July 1, 2016, the Reporting Person was granted 3,025 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

F12: 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.

F13: 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.

Transaction history

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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 dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 690 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · derivative · entry 18

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,763

Underlying: Common Stock · 690 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.

F13 · 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.

F13 · 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.

Read SEC document
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 1,197 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · derivative · entry 17

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,394

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.

F12 · 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.

F12 · 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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 126 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · derivative · entry 16

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 126 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.

F11 · derivative.exercise_date: On July 1, 2016, the Reporting Person was granted 3,025 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

F11 · derivative.expiration_date: On July 1, 2016, the Reporting Person was granted 3,025 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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 336 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · derivative · entry 15

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 337

Underlying: Common Stock · 336 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 July 1, 2016, the Reporting Person was granted 2,017 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 April 1, 2017, subject to the continued employment of the Reporting Person with the Company.

F10 · derivative.expiration_date: On July 1, 2016, the Reporting Person was granted 2,017 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 April 1, 2017, subject to the continued employment of the Reporting Person with the Company.

Read SEC document
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 87 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · derivative · entry 14

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 87 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 18, 2016, the Reporting Person was granted 2,097 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.

F9 · derivative.expiration_date: On January 18, 2016, the Reporting Person was granted 2,097 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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 350 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · derivative · entry 13

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 350 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 2,097 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.

F8 · derivative.expiration_date: On January 18, 2016, the Reporting Person was granted 2,097 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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 169 $44.57 $7,531.65
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 12

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,959

F7 · 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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 690 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 11

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,128

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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 292 $44.57 $13,013.27
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 10

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,438

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 February 17, 2017.

Read SEC document
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 1,197 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 9

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 44,730

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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 31 $44.57 $1,381.55
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 8

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,533

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 performance-based restricted stock units granted to the Reporting Person on July 1, 2016.

Read SEC document
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 126 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 7

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,564

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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 82 $44.57 $3,654.41
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 6

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,438

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 July 1, 2016.

Read SEC document
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 336 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 5

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,520

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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 22 $44.57 $980.45
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 4

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,184

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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 87 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 3

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,206

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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 83 $44.57 $3,698.98
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 2

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,119

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
April 01, 2019 Filed Apr 3, 2019 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 350 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000055 · wf-form4_155432235190693.xml · nonDerivative · entry 1

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,202

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
January 22, 2019 Filed Jan 24, 2019 21:22 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 GrantRestricted Stock Units · Derivative 10,078 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000023 · wf-form4_154836493681745.xml · derivative · entry 3

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,078

Underlying: Common Stock · 10,078 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, 2022, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2021, 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, 2022, subject to the Company meeting total shareholder return and operating income criteria over the three-year period ending November 30, 2021, and the continued employment of the Reporting Person with the Company.

Read SEC document
January 22, 2019 Filed Jan 24, 2019 21:22 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 GrantEmployee Stock Options · Derivative 19,231 $0.00 Strike: $34.73 $0.00
Disclosure

SEC source: 0000876167-19-000023 · wf-form4_154836493681745.xml · derivative · entry 2

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,231

Underlying: Common Stock · 19,231 shares

Expires 2026-01-22

F3 · derivative.exercise_date: The stock options vest in eight equal semiannual installments beginning on October 1, 2019, subject to the continued employment of the Reporting Person with the Company.

Read SEC document
January 22, 2019 Filed Jan 24, 2019 21:22 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 GrantRestricted Stock Units · Derivative 6,047 $0.00 $0.00
Disclosure

SEC source: 0000876167-19-000023 · wf-form4_154836493681745.xml · derivative · entry 1

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,047

Underlying: Common Stock · 6,047 shares

Expires not disclosed

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

F2 · derivative.exercise_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2019, subject to the continued employment of the Reporting Person with the Company.

F2 · derivative.expiration_date: Represents restricted stock units granted to the Reporting Person pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units vest in six equal semiannual installments beginning October 1, 2019, subject to the continued employment of the Reporting Person with the Company.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 690 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · derivative · entry 18

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,453

Underlying: Common Stock · 690 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.

F13 · 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.

F13 · 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.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 1,197 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · derivative · entry 17

Sweis Faris · CIK 0001750313 · Senior Vice President

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.

F12 · 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.

F12 · 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.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 126 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · derivative · entry 16

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 505

Underlying: Common Stock · 126 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.

F11 · derivative.exercise_date: On July 1, 2016, the Reporting Person was granted 3,025 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.

F11 · derivative.expiration_date: On July 1, 2016, the Reporting Person was granted 3,025 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.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 336 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · derivative · entry 15

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 673

Underlying: Common Stock · 336 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 July 1, 2016, the Reporting Person was granted 2,017 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 April 1, 2017, subject to the continued employment of the Reporting Person with the Company.

F10 · derivative.expiration_date: On July 1, 2016, the Reporting Person was granted 2,017 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 April 1, 2017, subject to the continued employment of the Reporting Person with the Company.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 87 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · derivative · entry 14

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 349

Underlying: Common Stock · 87 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 18, 2016, the Reporting Person was granted 2,097 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.

F9 · derivative.expiration_date: On January 18, 2016, the Reporting Person was granted 2,097 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 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionRestricted Stock Units · Derivative 350 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · derivative · entry 13

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 350

Underlying: Common Stock · 350 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 2,097 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.

F8 · derivative.expiration_date: On January 18, 2016, the Reporting Person was granted 2,097 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.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 204 $35.72 $7,287.41
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 12

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,852

F7 · 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.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 690 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 11

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 43,056

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 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 353 $35.72 $12,610.08
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 10

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,366

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 February 17, 2017.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 1,197 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 9

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,719

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 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 38 $35.72 $1,357.46
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 8

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,522

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 performance-based restricted stock units granted to the Reporting Person on July 1, 2016.

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October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 126 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 7

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,560

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 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 99 $35.72 $3,536.54
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 6

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,434

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 July 1, 2016.

Read SEC document
October 01, 2018 Filed Oct 3, 2018 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 336 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 5

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,533

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 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 26 $35.72 $928.79
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 4

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,197

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 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 87 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 3

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,223

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 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Tax withholdingCommon Stock 104 $35.72 $3,715.15
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 2

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,136

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 20:12 UTC PROGRESS SOFTWARE CORP /MA PRGS · Entity 4559 Exercise / conversionCommon Stock 350 $0.00 $0.00
Disclosure

SEC source: 0000876167-18-000111 · wf-form4_153859752919555.xml · nonDerivative · entry 1

Sweis Faris · CIK 0001750313 · Senior Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,240

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

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