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

Role: Chief Operating Officer
Signature: Damian W. Olthoff, attorney-in-fact for Leslie Rechan
Issuer symbol: PRO
Transactions as of: 13 May 2021
Net transactions value: +$749,025
Form type: 4
Filing time: 17 May 2021, 16:32:30 UTC
Next filing: 02 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PRO	Common Stock	Options Exercise	$1,257,176	+33,101	+95%	$37.98	67,789	13 May 2021	Direct	F1
transaction	PRO	Common Stock	Sale	$508,151	-13,240	-20%	$38.38	54,549	14 May 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	-33,101	-19%	$0.000000	139,048	13 May 2021	Common Stock	33,101		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.