Scott William Cook - Jan 10, 2022 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Signature
Chris Chaffin, attorney-in-fact for Scott William Cook
Stock symbol
PRO
Transactions as of
Jan 10, 2022
Transactions value $
$51,482
Form type
4
Date filed
1/12/2022, 04:04 PM
Previous filing
Jun 21, 2021
Next filing
Jan 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $93K +2.89K +9.04% $32.15 34.9K Jan 10, 2022 Direct F1, F2
transaction PRO Common Stock Sale -$41.6K -1.3K -3.73% $31.92 33.6K Jan 11, 2022 Direct F3, F4

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 +2.89K +14.03% $0.00 23.5K Jan 10, 2022 Common Stock 2.89K Direct F5, F6, F7
transaction PRO Restricted Stock Units Award $0 +20.2K +85.93% $0.00 43.7K Jan 10, 2022 Common Stock 20.2K Direct F5, F8, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price represents the price of PROS Holdings, Inc. ("PROS") common stock at the close of market on January 10, 2022.
F2 This number includes 92 shares purchased through the PROS Employee Stock Purchase Plan for the purchase period ending December 31, 2021.
F3 The sale of shares reported on this Form 4 were made solely to cover tax withholding obligations of the Reporting Person and were sold pursuant to a Rule 10b5-1 trading plan dated December 8, 2021.
F4 These shares were sold in multiple transactions all at this price.
F5 Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS common stock.
F6 This is the last tranche of a RSU grant, awarded on January 8, 2018 in the amount of 11,574 units, that vested annually, in equal installments over a four-year period on January 10 of each year.
F7 Includes: (i) 4,539 unvested RSUs awarded on January 15, 2019 - the award vests in four equal annual installments which began on January 15, 2020, with a final lapse date of January 15, 2023; (ii) 4,500 unvested RSUs awarded on January 13, 2020 - the award vests in four equal annual installments beginning January 13, 2021, with a final lapse date of January 13, 2024; and (iii) 14,489 unvested RSUs awardedon January 11, 2021 - the award vests in four equal annual installments beginning January 11, 2022, with a final lapse date of January 11, 2025.
F8 This grant was awarded on January 10, 2022. These RSUs will vest at 25% after one year on the anniversary date, and the remainder will vest at the rate of 6.25% on the 10th day of the first month of each quarter thereafter.
F9 This amount includes everything listed in Footnote 7 with the addition of the grant awarded on January 10, 2022 as described in Footnote 8.