SEC Form 4 · accession 0001392972-19-000004
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
Jan 1, 2019
Accepted (ET)
Jan 3, 2019 · 12:03 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 | Jan 1, 2019 | M | 14,300 | $31.40 | A | 439,299 | D | |
| Common StockF1 | Jan 1, 2019 | F | 5,833 | $31.40 | D | 433,466 | D | |
| Common StockF1 | Jan 1, 2019 | M | 21,000 | $3,140.00 | A | 454,466 | D | |
| Common StockF1 | Jan 1, 2019 | F | 8,264 | $31.40 | D | 446,202 | 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 | — | Jan 1, 2019 | M | 14,300 | D | — | — | Common Stock | 14,300 | 190,948 | D |
| Restricted Stock UnitsF4,F2,F5 | — | Jan 1, 2019 | M | 21,000 | D | — | — | Common Stock | 21,000 | 169,948 | 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.
- F2Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
- F3This is the fourth and final tranche of a restricted stock unit grant awarded on January 23, 2015 in the amount of 57,200 units, that vested annually, in equal installments over a four year period, with a final lapse date of January 1, 2019.
- F4Includes (i) 45,000 unvested restricted stock units which vest in equal installments on March 1 for the next two years, with a final lapse date of March 1, 2020 and is associated with a March 24, 2016 grant; (ii) 42,000 unvested restricted stock units which vest in equal installments on January 1 for the next two years, with a final lapse date of January 1, 2021 and is associated with a January 20, 2017 grant; and (iii) 82,948 unvested restricted stock units which vest in equal installments on January 10 for the next four years, with a final lapse date of January 10, 2022 and is associated with a January 8, 2018 grant.
- F5This is the second tranche of a restricted stock unit grant awarded on January 20, 2017 in the amount of 84,000 units, which vest annually in equal installments over a four year period on January 1st of each year, with a final lapse date of January 1, 2021.