Filing Details

Accession Number:
0001392972-20-000064
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-03-03 16:14:02
Reporting Period:
2020-03-01
Accepted Time:
2020-03-03 16:14:02
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 3100 Main St.
Suite 900
Houston TX 77002
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 2020-03-01 15,625 $46.70 223,737 No 4 M Direct
Common Stock Disposition 2020-03-01 6,290 $46.70 217,447 No 4 F Direct
Common Stock Acquisiton 2020-03-02 52,200 $46.70 269,647 No 4 M Direct
Common Stock Disposition 2020-03-02 21,011 $46.70 248,636 No 4 F Direct
Common Stock Disposition 2020-03-02 2,000 $45.74 246,636 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F 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 Disposition 2020-03-01 15,625 $0.00 15,625 $0.00
Common Stock Market Stock Units Disposition 2020-03-02 52,200 $0.00 52,200 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
80,466 No 4 M Direct
134,168 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2019.
  2. This price represents a weighted average price. These shares were sold in 49 transactions at prices ranging from $44.30 to $46.81, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of PROS Holdings, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in Footnote 2 to this Form 4.
  3. Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
  4. This is the last tranche of a RSU grant awarded on March 25, 2016 in the amount of 62,500 units, which vested annually in equal installments over a four-year period on March 1st of each year, with a final lapse date of March 1, 2020.
  5. Includes: (i) 9,800 unvested RSUs awarded on January 20, 2017 - the award vests in four equal annual installments which began on January 1, 2018, with a final lapse date of January 1, 2021; (ii) 20,834 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; (iii) 27,232 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; and (iv) 22,600 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.
  6. Each market stock unit ("MSU") finally awarded represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
  7. Represents MSUs granted on January 20, 2017. The number of shares awarded reflects a 200% achievement level earned.
  8. All performance grants are shown at the maximum possible number of shares which may be earned at 200% of target award, and includes: (i) 55,556 MSUs which will vest on January 10, 2021, associated with a January 12, 2018 grant; and (ii) 48,412 performance RSUs which will vest on January 15, 2022, associated with a January 15, 2019 grant; and (iii) 30,200 performance RSUs which will vest on January 13, 2023, associated with a February 7, 2019 grant.