Stefan B. Schulz - Jan 10, 2023 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Role
EVP and CFO
Signature
Chris Chaffin, attorney-in-fact for Stefan B. Schulz
Stock symbol
PRO
Transactions as of
Jan 10, 2023
Transactions value $
$260,953
Form type
4
Date filed
1/12/2023, 04:53 PM
Previous filing
Feb 25, 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 $274K +11.7K +4.51% $23.46 270K Jan 10, 2023 Direct F1
transaction PRO Common Stock Tax liability -$133K -5.67K -2.1% $23.46 265K Jan 10, 2023 Direct F1
transaction PRO Common Stock Options Exercise $221K +9.32K +3.52% $23.73 274K Jan 11, 2023 Direct F2
transaction PRO Common Stock Tax liability -$101K -4.25K -1.55% $23.73 270K 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 -11.7K -12.28% $0.00 83.3K Jan 10, 2023 Common Stock 11.7K Direct F3, F4, F5
transaction PRO Restricted Stock Units Options Exercise $0 -9.32K -11.18% $0.00 74K Jan 11, 2023 Common Stock 9.32K 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 46,656 RSUs. These RSUs vested 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.
F5 Includes: (i) 9,078 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) 11,300 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) 27,945 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; and (iv) 34,992 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.
F6 This RSU grant was awarded on January 11, 2021 in the amount of 37,259 RSUs, which vest annually, in equal installments over a four-year period, with a final lapse date of January 11, 2025.
F7 This amount includes everything listed in footnote 5, but the share amount shown in item "iii" is changed to 18,630.