SEC Form 4 · accession 0001392972-16-000138
PROS Holdings, Inc. · PRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andres Reiner
Officer — President & CEO · Director
Period of report
May 10, 2015
Accepted (ET)
Feb 16, 2016 · 5:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392972
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | May 10, 2015 | M | 8,750 | $18.26 | A | 392,792 | D | |
| Common StockF1,F2,F3 | May 10, 2015 | F | 3,671 | $18.26 | D | 389,121 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | May 10, 2015 | M | 8,750 | A | — | — | Common Stock | 8,750 | 0 | D |
Explanation of responses
- F1This Form 4 is being filed to report restricted stock units that vested on May 10, 2015 where a Form 4 was not filed, and to correct the total beneficial holdings reported on the Form 4 dated January 4, 2016 which did not include such restricted stock units.
- F2This represents the price of PROS Holdings, Inc. common stock at the close of market on May 8, 2015, the previous business day before the vest date of May 10, 2015.
- F3The total amount of securities beneficially owned after the transactions on the vesting date of May 10, 2015 was 348,858. As of the date of filing of this Form 4, the total beneficial ownership of 389,121 includes (i) 26,250 unvested restricted stock units, which will vest January 1, 2017 and is associated with a January 18, 2013 grant; (ii) 18,450 unvested restricted stock units, which will vest in equal installments on January 1st over the next two years, with a final lapse date of January 1, 2018 and is associated with a February 11, 2014 grant; and (iii) 42,900 unvested restricted stock units which will vest in equal installments on January 1st over the next three years, with a final lapse date of January 1, 2019 and is associated with a January 23, 2015 grant.
- F4Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
- F5This restricted stock unit grant was awarded on May 10, 2011 in the amount of 35,000 restricted stock units which vested annually, in equal installments, over a four year period, with a final lapse date of 10, 2015.