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

Signature
Chris Chaffin, attorney-in-fact for Scott William Cook
Stock symbol
PRO
Transactions as of
Apr 10, 2023
Transactions value $
$20,452
Form type
4
Date filed
4/12/2023, 04:32 PM
Previous filing
Mar 3, 2023
Next filing
Jul 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $33.7K +1.26K +2.92% $26.70 44.6K Apr 10, 2023 Direct F1
transaction PRO Common Stock Tax liability -$13.3K -497 -1.12% $26.70 44.1K Apr 10, 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 -1.26K -1.85% $0.00 67K Apr 10, 2023 Common Stock 1.26K 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 April 10, 2023.
F2 Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of PROS Common Stock.
F3 This is the second tranche of a RSU grant awarded on Jan 10, 2022.
F4 Includes: (i) 1,500 unvested RSUs awarded 1/13/20 - vesting 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) 13,900 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.