Scott William Cook - 10 Jan 2023 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Signature
Chris Chaffin, attorney-in-fact for Scott William Cook
Issuer symbol
PRO
Transactions as of
10 Jan 2023
Net transactions value
+$113,173
Form type
4
Filing time
12 Jan 2023, 16:53:04 UTC
Previous filing
02 Mar 2022
Next filing
17 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $118,567 +5,054 +13% $23.46 42,801 10 Jan 2023 Direct F1
transaction PRO Common Stock Tax liability $52,949 -2,257 -5.3% $23.46 40,544 10 Jan 2023 Direct F1
transaction PRO Common Stock Options Exercise $85,950 +3,622 +8.9% $23.73 44,166 11 Jan 2023 Direct F2
transaction PRO Common Stock Tax liability $38,395 -1,618 -3.7% $23.73 42,548 11 Jan 2023 Direct F2

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 -5,054 -11% $0.000000 41,018 10 Jan 2023 Common Stock 5,054 Direct F3, F4, F5
transaction PRO Restricted Stock Units Options Exercise $0 -3,622 -8.8% $0.000000 37,396 11 Jan 2023 Common Stock 3,622 Direct F3, F6, F7
* 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, 2023.
F2 The price represents the price of PROS common stock at the close of market on January 11, 2023.
F3 Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS common stock.
F4 This grant was awarded on January 10, 2022, in the amount of 20,217 RSUs. They vest 25% after one year on the anniversary date, and the remainder vest at the rate of 6.25% on the 10th day of the first month of each quarter thereafter.
F5 Includes: (i) 2,270 unvested RSUs awarded 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) 3,000 unvested RSUs awarded January 13, 2020 - the award vests in four equal annual installments beginning January 13, 2021, with a final lapse date of January 13, 2024; (iii) 10,867 unvested RSUs awarded January 11, 2021 - the award vests in four equal annual installments beginning January 11, 2022, with a final lapse date of January 11, 2025; (iv) 15,163 unvested RSUs awarded January 10, 2022 - the award vests 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; and (v) 9,718 unvested RSUs awarded March 1, 2022 the award vests at 25% after one year on the anniversary date and the remainder will vest at 6.25% after the completion of each three-month calendar period thereafter.
F6 This grant was awarded on January 11, 2021 in the amount of 14,489 RSUs. They vest annually in equal installments over a four-year period on January 11 each year, with a final lapse date of January 11, 2025.
F7 This amount includes everything listed in Footnote 5, but the shares shown in item "(iii)" is changed to 7,245.