SEC Form 4 · accession 0001392972-17-000048
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 13, 2017
Accepted (ET)
Mar 15, 2017 · 5:32 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 | Mar 13, 2017 | M | 27,275 | $6.00 | A | 487,638 | D | |
| Common StockF3 | Mar 13, 2017 | S | 27,275 | $22.50 | D | 460,363 | D | |
| Common StockF1 | Mar 14, 2017 | M | 22,725 | $6.00 | A | 483,088 | D | |
| Common StockF4 | Mar 14, 2017 | S | 22,725 | $22.27 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NQ Stock OptionF6,F5 | $6.00 | Mar 13, 2017 | M | 27,275 | D | — | Mar 27, 2017 | Common Stock | 27,275 | 172,725 | D |
| NQ Stock OptionF6,F5 | $6.00 | Mar 14, 2017 | M | 22,725 | D | — | Mar 27, 2017 | Common Stock | 22,725 | 150,000 | D |
Explanation of responses
- F1Each option granted represents the contingent right to buy one share of PROS Holdings, Inc. common stock at the price granted.
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 13, 2017.
- F3Represents the average price for 48 separate transactions in a range from $22.19 to $22.76 on March 13, 2017.
- F4Represents the average price for 50 separate transactions in a range from $21.98 to $22.50 on March 14, 2017.
- F5These 50,000 NQ stock options were granted on March 26, 2007 under the PROS Holdings, Inc. 2007 Equity Incentive Plan; one-third of which were immediately exercisable, with the remainder vesting in equal installments over the following two years.
- F6Includes: (i) 100,000 fully vested NQ stock options granted on November 15, 2007 with an expiration date of November 15, 2017; and (ii) 50,000 fully vested NQ stock options granted on May 14, 2008, with an expiration date of May 14, 2018.