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

Reporting relationship: President & CEO, Director
Issuer ticker: PRO
Reported as of: 15 Jan 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 17 Jan 2025, 16:46:51 UTC
Prior SEC filing: 14 Jan 2025
Next SEC filing: 14 Apr 2025
Source filing: View source filing
Reporting owner signature: Chris Chaffin, attorney-in-fact for Andres D. Reiner

Key filing fact

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

Key facts

This page summarizes Andres Reiner'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 14 Jan 2025.
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: +148,314
Change %: +79%
Price: $0.000000
Shares after: 336,667
Date: 15 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 148,314
Exercise price
Footnotes: F1, F2, F3

PRO transaction Derivative

Market Stock Units

Award

Transaction value: $0
Shares: +197,752
Change %: +55%
Price: $0.000000
Shares after: 556,584
Date: 15 Jan 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 197,752
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 grant was awarded on January 15, 2025 in the amount of 148,314 RSUs. They vest at 33.3% after one year and 8.33% each quarter thereafter, over three years.

Footnote F3

Includes (i) 21,384 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; (ii) 69,754 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; (iii) 97,215 unvested RS Us 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; and (iv) 148,314 unvested RSUs as detailed in Footnote 2.

Footnote F4

One share of PROS will be issued for each 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) 186,008 MSUs, the performance period for these shares will end on December 31, 2025 and will settle on January 31, 2026, associated with a January 12, 2023 grant; (ii) 172,824 MSUs - the performance period for these shares will end on December 31, 2026, and will settle on January 31, 2028, associated with a January 12, 2024 grant; and (iii) 197,752 MSUs as detailed in Footnote 5.