Leslie J. Rechan - May 13, 2021 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Role
Chief Operating Officer
Signature
Damian W. Olthoff, attorney-in-fact for Leslie Rechan
Stock symbol
PRO
Transactions as of
May 13, 2021
Transactions value $
$749,025
Form type
4
Date filed
5/17/2021, 04:32 PM
Next filing
Jun 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $1.26M +33.1K +95.42% $37.98 67.8K May 13, 2021 Direct F1
transaction PRO Common Stock Sale -$508K -13.2K -19.53% $38.38 54.5K May 14, 2021 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PRO Restricted Stock Units Options Exercise $0 -33.1K -19.23% $0.00 139K May 13, 2021 Common Stock 33.1K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the price of the Issuer's common stock at the close of market on May 13, 2021.
F2 The sales reported in this Form 4 were sold solely to cover tax withholding obligations and were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 19, 2020.
F3 This price represents a weighted average price. These shares were sold in one hundred ninety two (192) separate transactions at prices ranging from $37.51 to $38.61, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of PROS Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
F4 Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
F5 This is the first tranche of the grant awarded on May 13, 2020, which will vest annually, in four equal installments, beginning on May 13, 2021 and ending on May 13, 2024.