Sr.VP,Chief Accounting Officer Cook Scott William exercised 14,308 shares at a strike of $21.62 and covered exercise/tax liability with 6,091 shares, increasing direct ownership by 15% to 64,159 units (SEC Form 4)
$PRO
EDP Services
Technology
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
PROS Holdings, Inc. [ PRO ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
|
3. Date of Earliest Transaction
(Month/Day/Year) 01/10/2025 | ||||||||||||||||||||||||||
|
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock | 01/10/2025 | M | 1,264 | A | $21.91(1) | 57,206 | D | |||
| Common Stock | 01/10/2025 | F | 565 | D | $21.91(1) | 56,641 | D | |||
| Common Stock | 01/11/2025 | M | 3,623 | A | $21.59(2) | 60,264 | D | |||
| Common Stock | 01/11/2025 | F | 1,618 | D | $21.59(2) | 58,646 | D | |||
| Common Stock | 01/12/2025 | M | 2,315 | A | $21.59(3) | 60,961 | D | |||
| Common Stock | 01/12/2025 | F | 1,034 | D | $21.59(3) | 59,927 | D | |||
| Common Stock | 01/12/2025 | M | 7,106 | A | $21.59(3) | 67,033 | D | |||
| Common Stock | 01/12/2025 | F | 2,874 | D | $21.59(3) | 64,159 | D | |||
|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (4) | 01/10/2025 | M | 1,264 | (5) | (5) | Common Stock | 1,264 | $0 | 60,979(6) | D | ||||
| Restricted Stock Units | (4) | 01/11/2025 | M | 3,623 | (7) | (7) | Common Stock | 3,623 | $0 | 57,356(8) | D | ||||
| Restricted Stock Units | (4) | 01/12/2025 | M | 2,315 | (9) | (9) | Common Stock | 2,315 | $0 | 55,041(10) | D | ||||
| Restricted Stock Units | (4) | 01/12/2025 | M | 7,106 | (11) | (11) | Common Stock | 7,106 | $0 | 47,935(12) | D | ||||
| Explanation of Responses: |
| 1. The price represents the price of PROS Holdings, Inc. ("PROS") common stock at the close of market on January 10, 2025. |
| 2. The price represents the price of PROS Holdings, Inc. common stock at the close of market on January 13, 2025, the first business day after the vesting date of January 11, 2025. |
| 3. The price represents the price of PROS Holdings, Inc. common stock at the close of market on January 13, 2025, the first business day after the vesting date of January 12, 2025. |
| 4. Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS common stock. |
| 5. This is the ninth tranche of an award granted on January 10, 2022, in the amount of 20,217 RSUs. |
| 6. Includes: (i) 3,623 unvested RSUs awarded 1/11/21 - vests in 4 equal annual installments beginning 1/11/22, and a final lapse date of 1/11/25; (ii) 5,056 unvested RSUs awarded 1/10/22 - vests at 25% after 1-year on the anniversary date and the remainder vesting at 6.25% on the 10th day of the 1st month of each quarter thereafter; (iii) 3,040 unvested RSUs awarded 3/1/22 vests at 25% after 1- year on the anniversary date and the remainder vesting at 6.25% after the completion of each 3-month calendar period thereafter; (iv) 20,835 unvested RSUs awarded 1/12/23 - vests at 25% after 1-year on the anniversary date and the remainder vesting at the rate of 6.25% on the 12th day of the 1st month of each quarter thereafter; and (v) 28,425 unvested RSUs awarded 1/12/24 - vests at 25% after 1-year on the anniversary date and the remainder vesting at the rate of 6.25% on the 12th day of the 1st month of each quarter thereafter. |
| 7. This is the final tranche of an RSU granted on January 11, 2021, in the amount of 14,489 units. |
| 8. This amount includes everything listed in Footnote 6, but item (i) is removed. |
| 9. This is the fifth tranche of an award granted on January 12, 2023, in the amount of 37,037 RSUs. |
| 10. Includes: (i) 5,056 unvested RSUs awarded 1/10/22 - vests at 25% after 1-year on the anniversary date and the remainder vesting at 6.25% on the 10th day of the 1st month of each quarter thereafter; (ii) 3,040 unvested RSUs awarded 3/1/22 vests at 25% after 1- year on the anniversary date and the remainder vesting at 6.25% after the completion of each 3-month calendar period thereafter; (iii) 18,520 unvested RSUs awarded 1/12/23 - vests at 25% after 1-year on the anniversary date and the remainder vesting at the rate of 6.25% on the 12th day of the 1st month of each quarter thereafter; and (iv) 28,425 unvested RSUs awarded 1/12/24 - vests at 25% after 1-year on the anniversary date and the remainder vesting at the rate of 6.25% on the 12th day of the 1st month of each quarter thereafter. |
| 11. This is the first tranche of an award granted on January 12, 2024, in the amount of 28,425 RSUs. |
| 12. This amount includes everything listed in Footnote 10, but item (iv) is changed to 21,319 shares. |
| Remarks: |
| Chris Chaffin, attorney-in-fact for Scott William Cook | 01/14/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||