Todd McNabb - 15 Jan 2025 Form 4 Insider Report for PROS Holdings, Inc. (PRO)

Reporting relationship: Chief Revenue Officer
Issuer ticker: PRO
Reported as of: 15 Jan 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Jan 2025, 16:46:40 UTC
Prior SEC filing: 17 Oct 2024
Next SEC filing: 22 Apr 2025
Source filing: View source filing
Reporting owner signature: Christopher C. Chaffin, attorney-in-fact for Todd McNabb

Key filing fact

Todd McNabb filed Form 4 for PROS Holdings, Inc. (PRO) on 17 Jan 2025.

Key facts

This page summarizes Todd McNabb's Form 4 filing for PROS Holdings, Inc. (PRO).
2 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Jan 2025, 16:46.

Change

Previous filing in this sequence was filed on 17 Oct 2024.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PRO transaction Derivative

Restricted Stock Units

Award

Transaction value: $0
Shares: +70,112
Change %: +38%
Price: $0.000000
Shares after: 254,692
Date: 15 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 70,112
Exercise price
Footnotes: F1, F2, F3

PRO transaction Derivative

Market Stock Units

Award

Transaction value: $0
Shares: +93,482
Change %: +98%
Price: $0.000000
Shares after: 189,060
Date: 15 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 93,482
Exercise price
Footnotes: F4, F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. ("PROS") common stock.

Footnote F2

This RSU grant was awarded January 15, 2025, and vests at 25% after 1- year on the anniversary date, with the remainder vesting at the rate of 6.25% on the 15th day of the first month of each quarter thereafter.

Footnote F3

Includes: (i) 7,467 unvested RSUs awarded 4/18/2024 - vesting at 100% on the 1-year anniversary date; (ii) 71,684 unvested RSUs awarded 4/18/24 - vesting at 25% after 1-year on the anniversary date, with the remainder vesting at the rate of 6.25% on the 18th day of the first month of each quarter thereafter; (iii) 105,429 unvested RSUs awarded 10/16/24 - vesting at 25% after 1-year on the anniversary date, with the remainder vesting at 6.25% on the 16th day of the 1st month of each quarter thereafter; and (iv) 70,112 unvested RSUs awarded 01/15/25 - vesting at 25% after 1-year on the anniversary date, with the remainder vesting at 6.25% on the 15th day of the 1st month of each quarter thereafter.

Footnote F4

One share of PROS common stock will be issued for each performance Market Stock Unit ("MSU") that vests.

Footnote F5

These MSUs were granted on January 15, 2025, have a settlement date of January 31, 2028 and are subject to a performance measure based on the relative shareholder return of PROS common stock compared with that of a peer group over a three-year performance period January 15, 2025 through December 31, 2027. The number of units reported represent the maximum possible number of shares which may be earned at 200% of target award.

Footnote F6

All grants in this Footnote represent the maximum possible number of shares which may be earned at 200% of target award and includes: (i) 95,578 MSUs - the performance period for these shares will end on December 31, 2026, with a settlement date of January 31, 2027, associated with an April 18, 2024 grant; and (ii) 93,482 MSUs as detailed in Footnote 5.