SEC Form 4 · accession 0001392972-16-000147
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
Jan 1, 2016
Accepted (ET)
Mar 15, 2016 · 5:13 pm EDT
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 | Jan 1, 2016 | M | 50,929 | $0.00 | A | 440,050 | D | |
| Common StockF2,F3 | Jan 1, 2016 | F | 21,365 | $23.04 | D | 418,691 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This represents PROS Holdings, Inc. common stock which was earned pursuant to a February 25, 2013 grant of performance shares in the form of market share units. The common stock was issued based on achievement of certain targets in the period ending January 1, 2016. The performance shares resulting in the issuance of these shares of common stock constituted derivative securities and were reported on a Form 4 (at the maximum amount of 200%) at the time of the grant.
- F2Represents the number of shares withheld by, and surrendered to, the issuer to satisfy tax withholding obligations that arose in connection with the issuance of the performance shares.
- F3This price represents the closing price of PROS Holdings, Inc. common stock on December 31, 2015.