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

Role
President & CEO, Director
Signature
Chris Chaffin, attorney-in-fact for Andres D. Reiner
Issuer symbol
PRO
Transactions as of
13 Jan 2024
Net transactions value
+$208,836
Form type
4
Filing time
17 Jan 2024, 12:08:19 UTC
Previous filing
16 Jan 2024
Next filing
01 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $344,341 +9,875 +0.97% $34.87 1,026,974 13 Jan 2024 Direct F1
transaction PRO Common Stock Tax liability $135,505 -3,886 -0.38% $34.87 1,023,088 13 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 Options Exercise $0 -9,875 -3.3% $0.000000 291,636 13 Jan 2024 Common Stock 9,875 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.