Scott William Cook - 01 Jun 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 Jun 2023
Net transactions value
+$34,813
Form type
4
Filing time
11 Jul 2023, 16:50:18 UTC
Previous filing
12 Apr 2023
Next filing
24 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $17,445 +607 +1.4% $28.74 44,679 01 Jun 2023 Direct F1
transaction PRO Common Stock Tax liability $6,869 -239 -0.53% $28.74 44,440 01 Jun 2023 Direct F1
transaction PRO Common Stock Options Exercise $39,961 +1,263 +2.8% $31.64 45,703 10 Jul 2023 Direct F2
transaction PRO Common Stock Tax liability $15,725 -497 -1.1% $31.64 45,206 10 Jul 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 -607 -0.91% $0.000000 66,364 01 Jun 2023 Common Stock 607 Direct F3, F4
transaction PRO Restricted Stock Units Options Exercise $0 -1,263 -1.9% $0.000000 65,101 10 Jul 2023 Common Stock 1,263 Direct F3, F5, F6
* 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 June 1, 2023.
F2 The price represents the price of PROS Holdings, Inc. ("PROS") Common Stock at the close of market on July 10, 2023.
F3 Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of PROS Common Stock.
F4 This is a tranche of RSUs granted on March 1, 2022 which vest quarterly after the first full year of vesting and will fully vest in March 2026.
F5 This is a tranche of RSUs granted on January 10, 2022 which vest quarterly after the first full year of vesting and will fully vest in January 2026.
F6 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) 12,637 unvested RSUs awarded 1/10/22 - vests at 25% after 1 year on the anniversary date and the remainder vesting at 6.25% on the10th day of the 1st month of each quarter thereafter; (iv) 6,682 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.