Stefan B. Schulz - Jan 10, 2024 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Role
EVP and CFO
Signature
Chris Chaffin, attorney-in-fact for Stefan B. Schulz
Stock symbol
PRO
Transactions as of
Jan 10, 2024
Transactions value $
$222,295
Form type
4
Date filed
1/12/2024, 04:46 PM
Previous filing
Nov 14, 2023
Next filing
Jan 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $101K +2.92K +1.2% $34.66 246K Jan 10, 2024 Direct F1
transaction PRO Common Stock Tax liability -$51.5K -1.49K -0.6% $34.66 244K Jan 10, 2024 Direct F1
transaction PRO Common Stock Options Exercise $322K +9.32K +3.82% $34.56 253K Jan 11, 2024 Direct F2
transaction PRO Common Stock Tax liability -$149K -4.32K -1.7% $34.56 249K Jan 11, 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 -2.92K -2.34% $0.00 122K Jan 10, 2024 Common Stock 2.92K Direct F3, F4, F5
transaction PRO Restricted Stock Units Options Exercise $0 -9.32K -7.66% $0.00 112K Jan 11, 2024 Common Stock 9.32K 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 RSU grant was awarded on January 10, 2022 in the amount of 46,656 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) 5,650 unvested RSUs awarded January 13, 2020 - the award vests in four equal annual installments beginning January 13, 2021, with a final lapse date of January 13, 2024; (ii) 18,630 unvested RSUs awarded January 11, 2021 - the award vests in four equal annual installments beginning January 11, 2022, with a final lapse date of January 11, 2025; (iii) 23,328 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) 74,074unvested RSUs awarded January 12, 2023 - 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 12th day of the first month of each quarter thereafter.
F6 This grant was awarded on January 11, 2021 in the amount of 37,259 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 9,315.