Andres Reiner - Oct 14, 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
Oct 14, 2024
Transactions value $
$98,304
Form type
4
Date filed
10/15/2024, 04:30 PM
Previous filing
Oct 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PRO Common Stock Options Exercise $162K +8.72K +0.86% $18.59 1.03M Oct 14, 2024 Direct F1
transaction PRO Common Stock Tax liability -$63.8K -3.43K -0.33% $18.59 1.02M Oct 14, 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 -8.72K -3.38% $0.00 249K Oct 14, 2024 Common Stock 8.72K 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 vest 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 granted on January 12, 2023, with a final lapse date of January 12, 2027.
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) 26,730 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; (iii) 78,473 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 thereafter.