Scott William Cook - Apr 12, 2024 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Signature
Chris Chaffin, attorney-in-fact for Scott William Cook
Stock symbol
PRO
Transactions as of
Apr 12, 2024
Transactions value $
$50,143
Form type
4
Date filed
4/15/2024, 08:21 AM
Previous filing
Apr 11, 2024
Next filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $82.7K +2.31K +4.71% $35.74 51.4K Apr 12, 2024 Direct F1
transaction PRO Common Stock Tax liability -$32.6K -911 -1.77% $35.74 50.5K Apr 12, 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 -2.31K -3.15% $0.00 71.2K Apr 12, 2024 Common Stock 2.31K 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 12, 2024.
F2 Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
F3 This is the 2nd tranche of an award granted on January 12, 2023, in the amount of 37,037 RSUs.
F4 Includes: (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 I-year on the anniversary date and the remainder vesting at 6.25% after the completion of each 3-month calendar period thereafter; (iv) 25,464 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.