SEC Form 4 · accession 0001392972-18-000046
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
Jan 12, 2018
Accepted (ET)
Jan 16, 2018 · 9:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001392972
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF3,F1,F2 | — | Jan 12, 2018 | A | 55,556 | A | — | — | Common Stock | 55,556 | 287,556 | D |
Explanation of responses
- F1One share of PROS Holdings, Inc. common stock will be issued for each performance share (market share unit, or "MSU") that vests.
- F2These performance shares (MSUs) were granted on January 12, 2018 in the amount of 27,778 units and vest on January 10, 2021, with a three-year performance period beginning on January 1, 2018 and ending on December 31, 2020. The amount shown on this Form 4 assumes the maximum possible award at 200%.
- F3Includes (i) 55,000 performance shares (MSUs) which will vest on March 3, 2018 associated with a March 3, 2015 grant; (ii) 125,000 performance shares (MSUs) which will vest on March 1, 2019 associated with a March 24, 2016 grant; (iii) 52,000 performance shares (MSUs) which will vest on January 1, 2020 associated with a January 20, 2017 grant; and (iv) 55,556 performance shares (MSUs) which will vest on January 10, 2021 associated with a January 12, 2018 grant. All grants described above assume the maximum shares awarded possible at 200%. This amount does not include any performance shares of other category types, such as restricted stock units.