SEC Form 4 · accession 0001392972-17-000068
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 1, 2017
Accepted (ET)
May 3, 2017 · 7:36 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 | May 1, 2017 | M | 20,000 | $16.73 | A | 472,188 | D | |
| Common StockF3 | May 1, 2017 | S | 20,000 | $24.73 | D | 452,188 | D | |
| Common StockF4 | May 1, 2017 | S | 8,175 | $24.85 | D | 444,013 | D | |
| Common StockF5 | May 1, 2017 | S | 12,923 | $25.01 | D | 431,090 | D | |
| Common StockF6 | May 2, 2017 | S | 3,426 | $25.00 | D | 427,664 | D | |
| Common StockF7,F8 | May 3, 2017 | S | 8,174 | $25.00 | D | 419,490 | 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 OptionF9 | $16.73 | May 1, 2017 | M | 20,000 | D | — | — | Common Stock | 20,000 | 110,000 | D |
Explanation of responses
- F1Each option granted or acquired 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 20 transactions in a range from $24.59 to $24.78.
- F4Represents the average price for 25 transactions in a range from $24.58 to $24.92.
- F5Represents the average price for 85 transactions in a range from $25.00 to $25.07.
- F6This sale was made in 2 transactions at $25.00.
- F7This sale was made in 1 transaction at $25.00.
- F8The totals in Column 5 of this Form 4 correct an error in Column 5 of the Form 4 filed on March 15, 2016 and all subsequent reports thereafter; which over reported the number of shares withheld for taxes by 6 shares.
- F9These NQ Stock Options were granted on November 15, 2007, before Mr. Reiner became a Section 16 officer, and vested monthly in equal installments beginning on June 1, 2009, and expire on November 15, 2017.