Filing Details

Accession Number:
0001392972-22-000014
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-01-18 16:56:23
Reporting Period:
2022-01-13
Accepted Time:
2022-01-18 16:56:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1392972 Pros Holdings Inc. PRO () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1340371 B Stefan Schulz 3200 Kirby Dr., Suite 600
Houston TX 77098
Evp And Cfo 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 Acquisiton 2022-01-13 5,650 $30.42 279,272 No 4 M Direct
Common Stock Disposition 2022-01-14 2,373 $29.79 276,899 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 2022-01-13 5,650 $0.00 5,650 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
104,056 No 4 M Direct
Footnotes
  1. The price represents the price of PROS Holdings, Inc. ("PROS") common stock at the close of market on January 13, 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 8, 2021.
  3. These shares were sold in multiple transactions all at this price.
  4. Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS common stock.
  5. This is the second tranche of a RSU grant, awarded on January 13, 2020 in the amount of 22,600 units, that vest annually, in equal installments over a four-year period on January 13 of each year.
  6. Includes: (i) 18,155 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; (ii) 11,300 unvested RSUs awarded on January 13, 2020 - the award vests in four equal annual installments beginning January 13, 2021, with a final lapse date of January 13, 2024; (iii) 27,945 unvested RSUs awarded on January 11, 2021 - the award vests in four equal annual installments beginning January 11, 2022, with a final lapse date of January 11, 2025; and (iv) 46,656 unvested RSUs awarded on January 10, 2022 - the award 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.