Andres Reiner - Jan 10, 2023 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Signature
Chris Chaffin, attorney-in-fact for Andres D. Reiner
Stock symbol
PRO
Transactions as of
Jan 10, 2023
Transactions value $
$506,502
Form type
4
Date filed
1/12/2023, 04:53 PM
Previous filing
Aug 17, 2022
Next filing
Jan 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $502K +21.4K +2.17% $23.46 1.01M Jan 10, 2023 Direct F1
transaction PRO Common Stock Tax liability -$206K -8.76K -0.87% $23.46 999K Jan 10, 2023 Direct F1
transaction PRO Common Stock Options Exercise $347K +14.6K +1.46% $23.73 1.01M Jan 11, 2023 Direct F2
transaction PRO Common Stock Tax liability -$137K -5.75K -0.57% $23.73 1.01M Jan 11, 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 -21.4K -12.83% $0.00 145K Jan 10, 2023 Common Stock 21.4K Direct F3, F4, F5
transaction PRO Restricted Stock Units Options Exercise $0 -14.6K -10.06% $0.00 131K Jan 11, 2023 Common Stock 14.6K 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 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 85,536 RSUs. They vest at 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) 17,587 unvested RSUs granted 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) 19,750 unvested RSUs awarded on January 13, 2020 - the award will vest in four equal annual installments beginning January 13, 2021, with a final lapse date of January 13, 2024; (iii) 43,857 unvested RSUs awarded on January 11, 2021 - the award will vest in four equal annual installments beginning January 11, 2022, with a final lapse date of January 11, 2025; and (iv) 64,152 unvested RSUs awarded on 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.
F6 This grant was awarded on January 11, 2021, in the amount of 58,476 RSUs. They vest annually, in equal installments, over a four-year period on January 11 each year.
F7 This amount includes everything listed in footnote 5, except that the number of shares shown in "(iii)" is reduced to 29,238.