<SEC-DOCUMENT>0001334575-17-000004.txt : 20170404
<SEC-HEADER>0001334575-17-000004.hdr.sgml : 20170404
<ACCEPTANCE-DATETIME>20170404151710
ACCESSION NUMBER:		0001334575-17-000004
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20170324
FILED AS OF DATE:		20170404
DATE AS OF CHANGE:		20170404

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PROGRESS SOFTWARE CORP /MA
		CENTRAL INDEX KEY:			0000876167
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		IRS NUMBER:				042746201
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	BUSINESS ADDRESS:	
		STREET 1:		14 OAK PARK
		CITY:			BEDFORD
		STATE:			MA
		ZIP:			01730
		BUSINESS PHONE:		781-280-4473

	MAIL ADDRESS:	
		STREET 1:		14 OAK PARK DRIVE
		CITY:			BEDFORD
		STATE:			MA
		ZIP:			01730

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Abkemeier Kurt
		CENTRAL INDEX KEY:			0001334575

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19417
		FILM NUMBER:		17737764

	MAIL ADDRESS:	
		STREET 1:		C/O PROGRESS SOFTWARE CORPORATION
		STREET 2:		14 OAK PARK DRIVE
		CITY:			BEDFORD
		STATE:			MA
		ZIP:			01730
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>wf-form4_149133341587000.xml
<DESCRIPTION>FORM 4
<TEXT>
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    <periodOfReport>2017-03-24</periodOfReport>

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        <issuerName>PROGRESS SOFTWARE CORP /MA</issuerName>
        <issuerTradingSymbol>PRGS</issuerTradingSymbol>
    </issuer>

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            <rptOwnerName>Abkemeier Kurt</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet1>C/O PROGRESS SOFTWARE CORPORATION</rptOwnerStreet1>
            <rptOwnerStreet2>14 OAK PARK DRIVE</rptOwnerStreet2>
            <rptOwnerCity>BEDFORD</rptOwnerCity>
            <rptOwnerState>MA</rptOwnerState>
            <rptOwnerZipCode>01730</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>Former Chief Financial Officer</otherText>
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                </transactionShares>
                <transactionPricePerShare>
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            </conversionOrExercisePrice>
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                <equitySwapInvolved>0</equitySwapInvolved>
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                </transactionShares>
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    <footnotes>
        <footnote id="F1">Represents shares of common stock withheld by Issuer to pay tax witholding obligation of Reporting Person upon the vesting of restricted stock units granted to the Reporting Person on September 30, 2016.</footnote>
        <footnote id="F2">Restricted stock units convert into common stock on a one-for-one basis.</footnote>
        <footnote id="F3">Reflects the accelerated vesting of a portion of previously granted restricted stock units upon termination of employment of the Reporting Person with Issuer.</footnote>
        <footnote id="F4">On September 30, 2016 Reporting Person was granted 8,824  restricted stock units as part of a New Hire Grant pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units were scheduled to vest in six equal semi-annual installments beginning on April 1, 2017, subject to the continued employment of the Reporting Person with Issuer.</footnote>
        <footnote id="F5">The unvested remaining restricted stock units were cancelled because Reporting Person left the employment of Issuer as Chief Financial Officer effective March 24, 2017. As of the date of this filing no restricted stock units have vested or been released.</footnote>
        <footnote id="F6">On September 30, 2016 Reporting Person was granted 60,662 restricted stock units as part of a New Hire Grant pursuant to the Company's 2008 Stock Option and Incentive Plan. The restricted stock units were scheduled to vest on September 30, 2019, subject to the continued employment of the Reporting Person with Issuer.</footnote>
        <footnote id="F7">On September 30, 2016 Reporting Person was granted 27,574 performance-based restricted stock units as part of a New Hire Grant pursuant to the Company's 2008 Stock Option and Incentive Plan. The performance-based restricted stock units were scheduled to vest based on Issuer's total shareholder return over a three-year period, as would be determined at the first meeting of the Issuer's compensation committee following November 30, 2018.</footnote>
        <footnote id="F8">Reflects the accelerated vesting of a portion of previously granted employee stock options immediately prior to the termination of employment of the Reporting Person with Issuer.</footnote>
        <footnote id="F9">On February 17, 2017 Reporting Person was granted an option to purchase 60,403 shares of common stock. The option was scheduled to vest in eight equal semiannual installments beginning on October 1, 2017, subject to the continued employment of the Reporting Person with Issuer. The unvested remaining options were cancelled because Reporting Person left the employment of Issuer as Chief Financial Officer effective March 24, 2017. As of the date of this filing no options have vested or been released.</footnote>
        <footnote id="F10">On February 17, 2017 Reporting Person was granted 17,095 performance-based restricted stock units as part of a New Hire Grant pursuant to the Company's 2008 Stock Option and Incentive Plan. The performance-based restricted stock units were scheduled to vest based on Issuer's total shareholder return over a three-year period, as would be determined at the first meeting of the Issuer's compensation committee following November 30, 2018.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>Stephen H. Faberman, Attorney-In-Fact</signatureName>
        <signatureDate>2017-04-04</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</DOCUMENT>
</SEC-DOCUMENT>
