Stefan B. Schulz - Nov 13, 2023 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Signature
Chris Chaffin, attorney-in-fact for Stefan B. Schulz
Stock symbol
PRO
Transactions as of
Nov 13, 2023
Transactions value $
-$1,367,353
Form type
4
Date filed
11/14/2023, 07:47 PM
Previous filing
Oct 12, 2023
Next filing
Jan 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Sale -$831K -24.5K -8.69% $33.84 258K Nov 13, 2023 Direct F1, F2
transaction PRO Common Stock Sale -$537K -15.5K -5.99% $34.73 243K Nov 14, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale of shares reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan dated August 11, 2023.
F2 These shares were sold in sixty-four (64) separate trades ranging from $33.64 to $34.28.
F3 These shares were sold in fifty-nine (59) separate trades ranging from $34.37 to $34.975.