Stefan B. Schulz - 14 Oct 2024 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Role
EVP and CFO
Signature
Chris Chaffin, attorney-in-fact for Stefan B. Schulz
Issuer symbol
PRO
Transactions as of
14 Oct 2024
Net transactions value
+$46,810
Form type
4
Filing time
15 Oct 2024, 16:30:43 UTC
Previous filing
11 Oct 2024
Next filing
14 Jan 2025
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 $86,053 +4,629 +1.8% $18.59 268,646 14 Oct 2024 Direct F1
transaction PRO Common Stock Tax liability $39,243 -2,111 -0.79% $18.59 266,535 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 -4,629 -3.3% $0.000000 133,784 14 Oct 2024 Common Stock 4,629 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 the RSU grant awarded on January 12, 2023 in the amount of 74,074 units, with a final lapse date of January 12, 2027.
F4 Includes: (i) 9,315 unvested RSUs awarded January 11, 2021 - the award vests in four equal annual installments beginning January 11, 2022, with a final lapse date of January 11, 2025; (ii) 14,580 unvested RSU s awarded January I0, 2022 - the award 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) 41,669 unvested RSUs awarded January 12, 2023 - the award vests 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) 68,220 unvested RSUs awarded January 12, 2023 - the award vests 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.