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

Signature
Chris Chaffin, attorney-in-fact for Stefan B. Schulz
Issuer symbol
PRO
Transactions as of
13 Nov 2023
Net transactions value
-$1,367,353
Form type
4
Filing time
14 Nov 2023, 19:47:36 UTC
Previous filing
12 Oct 2023
Next filing
12 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Sale $830,670 -24,547 -8.7% $33.84 258,063 13 Nov 2023 Direct F1, F2
transaction PRO Common Stock Sale $536,683 -15,453 -6% $34.73 242,610 14 Nov 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.