Filing Details

Accession Number:
0001392972-21-000013
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-13 17:33:47
Reporting Period:
2021-01-11
Accepted Time:
2021-01-13 17:33:47
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1392972 Pros Holdings Inc. PRO Services-Computer Programming Services (7371) 760168604
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1792475 D Roberto Reiner 3200 Kirby Dr., Suite 600
Houston TX 77098
Evp, Chief Technology Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2021-01-12 6,076 $48.30 96,549 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Acquisiton 2021-01-11 23,597 $0.00 23,597 $0.00
Common Stock Market Stock Units Acquisiton 2021-01-11 31,462 $0.00 31,462 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
94,248 No 4 A Direct
53,062 No 4 A Direct
Footnotes
  1. The sale of shares reported on this Form 4 were made solely to cover tax withholding obligations of the Reporting Person and were sold pursuant to a Rule 10b5-1 trading plan dated November 3, 2020.
  2. These shares were sold in multiple transactions all at this price.
  3. Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. ("PROS") common stock.
  4. This restricted stock unit ("RSU") grant was awarded on January 11, 2021 in the amount of 23,597 RSUs and vests annually, in equal installments, over a four-year period on January 11 each year.
  5. Includes: (i) 13,503 unvested RSUs awarded on January 8, 2018 - the award vests in four equal annual installments which began on January 10, 2019, with a final lapse date of January 10, 2022; (ii) 40,848 unvested RSUs awarded on January 15, 2019 - the award vests in four equal annual installments which began on January 15, 2020, with a final lapse date of January 15, 2023; (iii) 16,300 unvested RSUs awarded on January 13, 2020 - the award will vest in four equal annual installments beginning January 13, 2021, with a final lapse date of January 13, 2024; and (iv) 23,597 unvested RSUs awarded on January 11, 2021 - the award will vest in four equal annual installments beginning January 11, 2022, with a final lapse date of January 11, 2025.
  6. One share of PROS common stock will be issued for each Market Stock Unit ("MSU") that vests.
  7. The number shown is the maximum possible MSUs which may be earned at 200% of target award.
  8. These MSUs were granted on January 11, 2021, have a settlement date of January 31, 2024 and are subject to a performance measure based on the relative total shareholder return of PROS common stock vs. the return of the Russell 2000 Index during the performance period January 1, 2021 through December 31, 2023.
  9. All grants in this footnote represent the maximum possible number of shares which may be earned at 200% of target award, and includes: (i) 21,600 performance RSUs - the performance period for these shares will end on December 31, 2021 and will settle on January 13, 2023, and is associated with a February 7, 2020 grant; and (ii) 31,462 PMSUs - the performance period for these shares will end on December 31, 2023 and will settle on January 31, 2024, and is associated with a January 11, 2021 grant.