SEC Form 4 · accession 0001179110-17-013273
PROS Holdings, Inc. · PRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Dziersk
Officer — EVP, Worldwide Sales
Period of report
Oct 9, 2017
Accepted (ET)
Oct 12, 2017 · 7:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392972
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF2,F1 | — | Oct 9, 2017 | A | 79,338 | A | — | Oct 9, 2020 | Common Stock | 79,338 | 79,338 | D |
| Restricted Stock UnitsF3,F4 | — | Oct 9, 2017 | A | 59,504 | A | — | Oct 9, 2021 | Common Stock | 59,504 | 59,504 | D |
Explanation of responses
- F1One share of PROS Holdings, Inc. common stock will be issued for each performance share unit (market share unit) that vests.
- F2These performance share units (market share units) were granted on October 9, 2017 in the amount of 79,338 units, assuming the maximum possible award at 200%. The actual number of units to be awarded is variable based on over-or-under performance of PROS Holdings, Inc. stock price compared to the Russell 2000 Index during the three-year performance period beginning October 9, 2017 and ending October 9, 2020.
- F3Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
- F4These restricted stock units were granted on October 9, 2017 in the amount of 59,504 units, and vest annually in equal installments of 14,876 shares beginning on October 9, 2018 and ending on October 9, 2021.