SEC Form 4 · accession 0001392972-19-000002
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 1, 2019
Accepted (ET)
Jan 3, 2019 · 12:00 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,F2 | Jan 1, 2019 | M | 9,800 | $31.40 | A | 106,080 | D | |
| Common StockF1,F2 | Jan 1, 2019 | F | 3,866 | $31.40 | D | 102,214 | 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 UnitsF5,F3,F4 | — | Jan 1, 2019 | M | 9,800 | D | — | — | Common Stock | 9,800 | 113,142 | D |
Explanation of responses
- F1The price represents the price of PROS Holdings, Inc. common stock at the close of market on December 31, 2018, the previous business day before the vest date of January 1, 2019.
- F2Includes 3,500 shares held in a joint account controlled by Stefan and Mary Schulz.
- F3Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
- F4This is the second tranche of a grant awarded on January 20, 2017 in the amount of 38,200 restricted stock units, and vests annually, in equal installments, over a four year period, commencing on January 1, 2018 and expiring on January 1, 2021.
- F5Includes (i) 20,625 unvested restricted stock units, the final tranche of which will vest on March 3, 2019, and is associated with a March 3, 2015 grant; (ii) 31,250 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) 19,600 unvested restricted stock units vesting in equal installments on January 1 over the next two years, with a final lapse date of January 1, 2021, and is associated with a January 20, 2017 grant; and (iv) 41,667 unvested restricted stock units vesting in equal installments on January 10 over the next four years, with a final lapse date of January 10, 2022, and is associated with a January 8, 2018 grant.