Scott William Cook - 01 Mar 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
01 Mar 2023
Net transactions value
+$38,902
Form type
4
Filing time
03 Mar 2023, 15:49:35 UTC
Previous filing
13 Feb 2023
Next filing
12 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $64,150 +2,429 +5.8% $26.41 44,262 01 Mar 2023 Direct F1
transaction PRO Common Stock Tax liability $25,248 -956 -2.2% $26.41 43,306 01 Mar 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 -2,429 -3.4% $0.000000 68,234 01 Mar 2023 Common Stock 2,429 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 March 1, 2023.
F2 Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of PROS Common Stock.
F3 This is the first tranche of a RSU grant awarded on March 1, 2022.
F4 Includes: (i) 1,500 unvested RSUs awarded 1/13/20 - vests in 4 equal annual installments beginning 1/13/21, and a final lapse date of 1/13/24; (ii) 7,245 unvested RSUs awarded 1/11/21 - vests in 4 equal annual installments beginning 1/11/22, and a final lapse date of 1/11/25; (iii) 15,163 unvested RSUs awarded 1/10/22-vests at 25% after 1 year on the anniversary date and the remainder vesting at 6.25% on the 10th day of the 1st month of each quarter thereafter; (iv) 7,289 unvested RSUs awarded 3/1/22 vests at 25% after 1 year on the anniversary date and the remainder vesting at 6.25 % after the completion of each 3 month calendar period thereafter; and (v) 37,037 unvested RSUs awarded 1/12/23-vests at 25% after 1 year on the anniversary date and the remainder vesting at the rate of 6.25% on the 12th day of the 1st month of each quarter thereafter.