Scott William Cook - 12 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
12 Jan 2024
Net transactions value
+$197,712
Form type
4
Filing time
16 Jan 2024, 16:33:57 UTC
Previous filing
12 Jan 2024
Next filing
17 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $325,732 +9,259 +22% $35.18 50,692 12 Jan 2024 Direct F1
transaction PRO Common Stock Tax liability $128,020 -3,639 -7.2% $35.18 47,053 12 Jan 2024 Direct F1

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 Disposed to Issuer $0 -9,259 -16% $0.000000 48,480 12 Jan 2024 Common Stock 9,259 Direct F2, F3, F4, F5
transaction PRO Restricted Stock Units Award $0 +28,425 +59% $0.000000 76,905 12 Jan 2024 Common Stock 28,425 Direct F2, 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 12, 2024.
F2 Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. ("PROS") common stock.
F3 This grant was awarded on January 12, 2023. These RSUs vest 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.
F4 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) 3,623 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; (see Footnote 4 for additional holdings).
F5 Also includes: (v) 27,778 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 12, 2024. These RSUs vest at 25% after one year on the anniversary date, and the remainder will vest at the rate of 6.235% on the 12thd ay of the first month of each quarter thereafter.
F7 Includes everything detailed in Footnotes 5 and 6 but also includes 28,425 unvested RSUs awarded 1/12/24 - 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.