Stefan B. Schulz - Jan 13, 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 13, 2024
Transactions value $
$107,156
Form type
4
Date filed
1/17/2024, 12:07 PM
Previous filing
Jan 16, 2024
Next filing
Feb 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $197K +5.65K +2.18% $34.87 265K Jan 13, 2024 Direct F1
transaction PRO Common Stock Tax liability -$89.9K -2.58K -0.97% $34.87 262K Jan 13, 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 Options Exercise $0 -5.65K -3.49% $0.00 156K Jan 13, 2024 Common Stock 5.65K Direct F2, F3, F4
* 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 13, 2024.
F2 Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS common stock.
F3 This is the last tranche of 22,600 RSUs granted on January 13, 2020, that vested in four equal annual installments on the anniversary date, with a final lapse date of January 13, 2024.
F4 Includes: (i) 9,315 unvested RS Us 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; (ii) 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 (iii) 55,556 unvested 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; and (iv) 68,220 unvested 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.