Andres Reiner - Jan 13, 2023 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Role
President & CEO, Director
Signature
Chris Chaffin, attorney-in-fact for Andres D. Reiner
Stock symbol
PRO
Transactions as of
Jan 13, 2023
Transactions value $
$142,658
Form type
4
Date filed
1/18/2023, 04:26 PM
Previous filing
Jan 17, 2023
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $235K +9.88K +0.98% $23.82 1.02M Jan 13, 2023 Direct F1
transaction PRO Common Stock Tax liability -$92.6K -3.89K -0.38% $23.82 1.01M Jan 13, 2023 Direct F1

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 -9.88K -3.65% $0.00 260K Jan 13, 2023 Common Stock 9.88K Direct F2, F3, F4
* 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 13, 2023.
F2 Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of PROS Common Stock.
F3 This is the third tranche of a RSU grant, awarded on January 13, 2020 in the amount of 39,500 units, that vests annually, in equal installments over a four-year period on January 13 of each year.
F4 Includes (i) 17,587 unvested RSUs granted January 15, 2019-the award vests in four equal annual installments which began January 15, 2020, with a final lapse date of January 15, 2023; (ii) 9,875 unvested RSUs awarded January 13, 2020-the award vests in four equal annual installments which began January 13, 2021, with a final lapse date of January 13, 2024; (iii) 29,238 unvested RSUs awarded January 11, 2021-the award vests in four equal annual installments which began January 11, 2022, with a final lapse date of January 11, 2025; (iv) 64,152 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) 139,506 unvested RSUs awarded January 12, 2023-the award will vest at 25% after one year on the anniversary date, and the remainder will vest at the rate of 6.25% on the 12th day of the first month of each quarter thereafter.