Filing Details

Accession Number:
0001392972-22-000002
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-01-12 17:05:17
Reporting Period:
2022-01-10
Accepted Time:
2022-01-12 17:05:17
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
1434817 Andres Reiner 3200 Kirby Dr., Suite 600
Houston TX 77098
President & Ceo Yes 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
Restricted Stock Units Acquisiton 2022-01-10 20,737 $32.15 941,769 No 4 M Direct
Common Stock Disposition 2022-01-11 9,332 $32.70 932,437 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
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 2022-01-10 20,737 $0.00 20,737 $0.00
Common Stock Restricted Stock Units Acquisiton 2022-01-10 85,536 $0.00 85,536 $0.00
Common Stock Market Stock Units Acquisiton 2022-01-10 171,072 $0.00 171,072 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
123,275 No 4 M Direct
208,811 No 4 A Direct
507,720 No 4 A Direct
Footnotes
  1. The price represents the price of PROS Holdings, Inc. ("PROS") common stock at the close of market on January 10, 2022.
  2. 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 December 9, 2021.
  3. The price shown is the average price for the sale of shares sold in 196 separate transactions ranging from $31.64 to $33.14.
  4. Each RSU represents the contingent right to receive one share of PROS common stock.
  5. This is the last tranche of a RSU grant, awarded on January 8, 2018 in the amount of 82,948 units, that vested annually, in equal installments over a four-year period on January 10 of each year.
  6. Includes (i) 35,174 unvested RSUs granted 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; (ii) 29,625 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 (iii) 58,476 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.
  7. This grant was awarded on January 10, 2022. These RSUs will vest 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.
  8. This amount includes everything listed in Footnote 6 with the addition of the grant awarded on January 10, 2022 as described in Footnote 7.
  9. One share of PROS common stock will be issued for each Market Stock Unit ("MSU") that vests.
  10. The number shown is the maximum possible MSUs which may be earned at 200% of target award.
  11. These MSUs were granted on January 10, 2022, have a settlement date of January 31, 2025 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, 2022 through December 31, 2024.
  12. All grants in this footnote represent the maximum possible number of shares which may be earned at 200% of target award, and includes: (i) 140,696 Performance Restricted Share Units ("PRSUs") - theperformance period for these shares will end on December 31, 2021 and will settle on January 15, 2022, associated with a January 15, 2019 grant; and (ii) 79,000 PRSUs - the performance period for these shareswill end on December 31, 2021 and will settle on January 13, 2023, and is associated with a February 7, 2020 grant; (iii) 116,952 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; and (iv) 171,072 PMSUs - the performance period for these shares will end on December 31, 2024, and is associated with a January 10, 2022 grant.