Scott William Cook - 10 Jan 2024 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
10 Jan 2024
Net transactions value
+$94,246
Form type
4
Filing time
12 Jan 2024, 16:46:00 UTC
Previous filing
04 Dec 2023
Next filing
16 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $43,776 +1,263 +3.3% $34.66 39,971 10 Jan 2024 Direct F1
transaction PRO Common Stock Tax liability $19,548 -564 -1.4% $34.66 39,407 10 Jan 2024 Direct F1
transaction PRO Common Stock Options Exercise $125,176 +3,622 +9.2% $34.56 43,029 11 Jan 2024 Direct F2
transaction PRO Common Stock Tax liability $55,158 -1,596 -3.7% $34.56 41,433 11 Jan 2024 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 -1,263 -2% $0.000000 61,361 10 Jan 2024 Common Stock 1,263 Direct F3, F4, F5
transaction PRO Restricted Stock Units Options Exercise $0 -3,622 -5.9% $0.000000 57,739 11 Jan 2024 Common Stock 3,622 Direct F3, F6, F7
* 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 January 10, 2024.
F2 The price represents the price of PROS common stock at the close of market on January 11, 2024.
F3 Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
F4 This grant was awarded on January 10, 2022, in the amount of 20,217 RSUs. They vested 25% after one-year on the anniversary date, and the remainder vest at the rate of 6.25% on the 10th day of the first month of each quarter thereafter.
F5 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) 10,111 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) 5,468 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.
F6 This grant was awarded on January 11, 2021 in the amount of 14,489 RSUs. They vest annually in equal installments over a four-year period on January 11 each year, with a final lapse date of January 11, 2025.
F7 This amount includes everything listed in Footnote 5, but the shares shown in item "(ii)" is changed to 3,623.