SEC Form 4 · accession 0001392972-17-000042
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 2:44 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 | Mar 1, 2017 | M | 22,500 | $23.42 | D | 469,802 | D | |
| Common StockF1 | Mar 1, 2017 | F | 9,439 | $23.42 | D | 460,363 | 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,F2,F3 | — | Mar 1, 2017 | M | 22,500 | D | — | — | Common Stock | 22,500 | 189,325 | D |
Explanation of responses
- F1Represents the price of PROS Holdings, Inc. common stock at the close of market on March 1, 2017.
- F2Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
- F3This is the first tranche of a grant awarded on March 24, 2016 in the amount of 90,000 restricted stock units and vests annually, in equal installments, over a four year period on March 1, 2017 and expiring on March 1, 2020.
- F4Includes (i) 9,225 unvested restricted stock units with a final lapse date of January 1, 2018, and is associated with a February 11, 2014 grant; (ii) 28,600 unvested restricted stock units which will vest in equal installments on January 1 over the next two years, with a final lapse date of January 1, 2019, and is associated with a January 23, 2015 grant; (iii) 67,500 unvested restricted stock units which will vest in equal installments on March 1, 2017 over the next three years, with a final lapse date of March 1, 2020, and is associated with a March 24, 2016 grant; and (iv) 84,000 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.