Scott William Cook - 10 Apr 2024 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Role
Sr.VP,Chief Accounting Officer
Signature
Chris Chaffin, attorney-in-fact for Scott William Cook
Issuer symbol
PRO
Transactions as of
10 Apr 2024
Net transactions value
+$27,760
Form type
4
Filing time
11 Apr 2024, 16:34:02 UTC
Previous filing
04 Mar 2024
Next filing
15 Apr 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 $45,771 +1,263 +2.6% $36.24 49,593 10 Apr 2024 Direct F1
transaction PRO Common Stock Tax liability $18,011 -497 -1% $36.24 49,096 10 Apr 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 -1,263 -1.7% $0.000000 73,535 10 Apr 2024 Common Stock 1,263 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 April 10, 2024.
F2 Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of PROS common stock.
F3 This is the 6th tranche of an award granted on January 10, 2022 in the amount of 20,217 RSUs.
F4 lncludes: (i) 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; (ii) 8,848 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; (iii) 4,861 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; and (iv) 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; and (v) 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.