Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
EGAN JOHN R
   2. Issuer Name and Ticker or Trading Symbol
PROGRESS SOFTWARE CORP /MA [PRGS] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
14 OAK PARK DRIVE		 3. Date of Earliest Transaction (Month/Day/Year)
10/01/2018
(Street)

BEDFORD, MA 01730		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/01/2018   M   4,521 A $ 20.73 58,079 D  
Common Stock 10/01/2018   F   2,624 (1) D $ 35.7226 55,455 D  
Common Stock 10/01/2018   M   27,125 A $ 20.73 82,580 D  
Common Stock 10/01/2018   F   15,741 (1) D $ 35.7226 66,839 D  
Common Stock 10/01/2018   M   18,484 A $ 19.93 85,323 D  
Common Stock 10/01/2018   F   10,312 (1) D $ 35.7226 75,011 D  
Common Stock 10/01/2018   M   8,210 A $ 21.46 83,221 D  
Common Stock 10/01/2018   F   4,932 (1) D $ 35.7226 78,289 D  
Common Stock 10/01/2018   M   8,403 A $ 21.8 86,692 D  
Common Stock 10/01/2018   F   5,128 (1) D $ 35.7226 81,564 D  
Common Stock 10/01/2018   M   5,889 A $ 25.76 87,453 D  
Common Stock 10/01/2018   F   4,247 (1) D $ 35.7226 83,206 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options $ 20.73 10/01/2018   M     4,521 10/01/2011 10/14/2018 Common Stock 4,521 $ 0 0 D  
Stock Options $ 20.73 10/01/2018   M     27,125   (2) 10/14/2018 Common Stock 27,125 $ 0 0 D  
Stock Options $ 19.93 10/01/2018   M     18,484 12/01/2012 05/28/2019 Common Stock 18,484 $ 0 0 D  
Stock Options $ 21.46 10/01/2018   M     8,210 12/01/2013 04/08/2020 Common Stock 8,210 $ 0 0 D  
Stock Options $ 21.8 10/01/2018   M     8,403 12/01/2014 03/30/2021 Common Stock 8,403 $ 0 0 D  
Stock Option $ 25.76 10/01/2018   M     5,889 12/01/2015 04/05/2022 Common Stock 5,889 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
EGAN JOHN R
14 OAK PARK DRIVE
BEDFORD, MA 01730		   X      

Signatures

 Stephen H. Faberman, Attorney-in-Fact   10/03/2018
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Represents shares of common stock withheld by Progress Software Corporation to pay the option exercise price in connection with the exercise of options by the Reporting Person on October 1, 2018.
(2) 1131 options vested on October 1, 2011. The remainder of the options vested on August 1, 2015.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.