SEC Form 4 · accession 0001392972-17-000040
PROS Holdings, Inc. · PRO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stefan B Schulz
Officer — EVP and CFO
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 2:41 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 | Mar 1, 2017 | M | 15,625 | $23.42 | A | 33,894 | D | |
| Common StockF2 | Mar 1, 2017 | F | 4,274 | $0.00 | D | 29,620 | 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 UnitsF5,F3,F4 | — | Mar 1, 2017 | M | 15,625 | D | — | — | Common Stock | 15,625 | 147,950 | D |
Explanation of responses
- F1Represents the price of PROS Holdings, Inc. common stock at the close of market on March 1, 2017.
- F2Includes 3,500 shares held in a joint account controlled by Stefan and Mary Schulz.
- F3Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
- F4This is the first tranche of a grant awarded on March 24, 2016 in the amount of 62,500 restricted stock units and vests annually, in equal installments, over a four year period commencing on March 1, 2017 and expiring on March 1, 2020.
- F5Includes (i) 61,875 unvested restricted stock units which will vest in equal installments on March 3 over the next three years, with a final lapse date of March 3, 2019, and is associated with a March 3, 2015 grant; (ii) 46,875 unvested restricted stock units which will vest in equal installments on March 1 over the next three years, with a final lapse date of March 1, 2020, and is associated with a March 24, 2016 grant; and (iii) 39,200 unvested restricted stock units which will vest in equal installments beginning January 1, 2018 over the next four years, with a final lapse date of January 1, 2021 and is associated with a January 20, 2017 grant.