PROGRESS SOFTWARE CORP /MA 10-Q

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds Items 2(a) and 2(b) are not applicable. (c) Stock Repurchases Information related to the repurchases of our common stock by month in the second quarter of fiscal year 2022 is as follows (in thousands, except per share and share data): Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Approximate Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs (1) March 2022 33,394 $ 46.70 33,394 $ 128,440 April 2022 533,799 46.65 533,799 103,527 May 2022 — — — 103,527 Total 567,193 $ 46.65 567,193 $ 103,527 (1) In January 2020, our Board of Directors increased the total share repurchase authorization from $75.0 million to $250.0 million. As of May 31, 2022, there was $103.5 million remaining under this authorization. 44 Item 6. Exhibits The following exhibits are filed or furnished as part of this Quarterly Report on Form 10-Q: Exhibit No. Description 31.1* Certification of the Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act – Yogesh K. Gupta 31.2* Certification of the Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act – Anthony Folger 32.1** Certification Pursuant to Section 906 of the Sarbanes-Oxley Act 101* The following materials from Progress Software Corporation’s Quarterly Report on Form 10-Q for the three and six months ended May 31, 2022, formatted in iXBRL (Inline eXtensible Business Reporting Language): (i) Condensed Consolidated Balance Sheets as of May 31, 2022 and November 30, 2021; (ii) Condensed Consolidated Statements of Income for the three and six months ended May 31, 2022 and 2021; (iii) Condensed Consolidated Statements of Comprehensive Income for the three and six months ended May 31, 2022 and 2021; (iv) Condensed Consolidated Statements of Stockholders' Equity for the three and six months ended May 31, 2022 and 2021; (v) Condensed Consolidated Statements of Cash Flows for the six months ended May 31, 2022 and 2021; and (vi) Notes to Condensed Consolidated Financial Statements. 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) * Filed herewith ** Furnished herewith 45 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. PROGRESS SOFTWARE CORPORATION (Registrant) Dated: July 7, 2022 /s/ YOGESH K. GUPTA Yogesh K. Gupta President and Chief Executive Officer (Principal Executive Officer) Dated: July 7, 2022 /s/ ANTHONY FOLGER Anthony Folger Executive Vice President and Chief Financial Officer (Principal Financial Officer) Dated: July 7, 2022 /s/ DOMENIC LOCOCO Domenic LoCoco Senior Vice President and Chief Accounting Officer (Principal Accounting Officer) 46