Andres Reiner - Apr 10, 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
Apr 10, 2023
Transactions value $
$86,561
Form type
4
Date filed
4/12/2023, 04:32 PM
Previous filing
Jan 19, 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 $143K +5.35K +0.52% $26.70 1.03M Apr 10, 2023 Direct F1
transaction PRO Common Stock Tax liability -$56.2K -2.1K -0.2% $26.70 1.03M 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 Common Stock Options Exercise $0 -5.35K -2.2% $0.00 237K Apr 10, 2023 Common Stock 5.35K 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) 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; (ii) 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; (iii) 58,806 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 (iv) 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.