Andres Reiner - Jan 13, 2024 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Role
President & CEO, Director
Signature
Chris Chaffin, attorney-in-fact for Andres D. Reiner
Stock symbol
PRO
Transactions as of
Jan 13, 2024
Transactions value $
$208,836
Form type
4
Date filed
1/17/2024, 12:08 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 $344K +9.88K +0.97% $34.87 1.03M Jan 13, 2024 Direct F1
transaction PRO Common Stock Tax liability -$136K -3.89K -0.38% $34.87 1.02M 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 -9.88K -3.28% $0.00 292K Jan 13, 2024 Common Stock 9.88K 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 39,500 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) 14,619 unvested RSUs awarded Jan 11, 2021 - vests in four equal annual installments which began Jan 11, 2022, with a final lapse date of Jan 11, 2025; (ii) 42,768 unvested RSUs awarded Jan 10, 2022 - 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) 104,630 unvested RSUs awarded Jan 12, 2023 - will 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; and (iv) 129,619 unvested RSUs awarded January 12, 2024 - will vest at 25% after one year on the anniversary date, and the remainder vest at the rate of 6.25% on the 12th day of the first month of each quarter thereafier.