SEC Form 4 · accession 0001392972-18-000070
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, 2018
Accepted (ET)
Mar 5, 2018 · 3:18 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, 2018 | M | 22,500 | $31.65 | A | 463,928 | D | |
| Common StockF1 | Mar 1, 2018 | F | 8,854 | $31.65 | D | 455,074 | 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, 2018 | M | 22,500 | D | — | — | Common Stock | 22,500 | 205,248 | D |
Explanation of responses
- F1The price represents the price of PROS Holdings, Inc. common stock at the close of market on March 1, 2018.
- F2Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
- F3This is the second 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, with a final lapse date of March 1, 2020.
- F4Includes (i) 14,300 unvested restricted stock units, the final tranche of which will vest on January 1, 2019, and is associated with a January 23, 2015 grant; (ii) 45,000 unvested restricted stock units vesting in equal installments on March 1 over the next two years, with a final lapse date of March 1, 2020, and is associated with a March 24, 2016 grant; (iii) 63,000 unvested restricted stock units vesting in equal installments on January 1 over the next three years, and is associated with a January 20, 2017 grant; and (iv) 82,948 unvested restricted stock units vesting in equal installments on January 10 over the next four years, and is associated with a January 8, 2018 grant.