Scott William Cook - 14 Oct 2024 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Signature
Chris Chaffin, attorney-in-fact for Scott William Cook
Issuer symbol
PRO
Transactions as of
14 Oct 2024
Net transactions value
+$26,100
Form type
4
Filing time
15 Oct 2024, 16:30:20 UTC
Previous filing
11 Oct 2024
Next filing
03 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $43,036 +2,315 +4.3% $18.59 56,485 14 Oct 2024 Direct F1
transaction PRO Common Stock Tax liability $16,935 -911 -1.6% $18.59 55,574 14 Oct 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 -2,315 -3.6% $0.000000 62,850 14 Oct 2024 Common Stock 2,315 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 October 14, 2024, the first business day after the vesting date of October 12, 2024.
F2 Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS common stock.
F3 This is the fourth tranche of RSUs awarded on January 12, 2023, with a final lapse date of Jan 12, 2027.
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) 6,320 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) 3,647 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; (iv) 20,835 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.