4//SEC Filing
Dziersk Thomas 4
Accession 0001392972-19-000043
CIK 0001392972other
Filed
Jan 16, 7:00 PM ET
Accepted
Jan 17, 7:11 PM ET
Size
9.3 KB
Accession
0001392972-19-000043
Insider Transaction Report
Form 4
Dziersk Thomas
EVP, Worldwide Sales
Transactions
- Award
Restricted Stock Units
2019-01-15+29,047→ 80,620 total→ Common Stock (29,047 underlying) - Award
Performance Share Units
2019-01-15+38,730→ 91,684 total→ Common Stock (38,730 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
- [F2]This restricted stock unit grant was awarded on January 15, 2019 in the amount of 29,047 restricted stock units, which vest annually, in equal installments over a four-year period, with a final lapse date of January 15, 2023.
- [F3]Includes: (i) 44,628 unvested restricted stock units, which vest in equal installments on October 9 for the next three years, with a final lapse date of October 9, 2021, associated with an October 9, 2017 grant; (ii) 6,945 unvested restricted stock units, which vest in equal installments on January 10 for the next three years, with a final lapse date of January 10, 2022, associated with a January 8, 2018 grant; and (iii) 29,047 unvested restricted stock units, which vest in equal installments on January 15 for the next four years, with a final lapse date of January 15, 2023, associated with a January 15, 2019 grant.
- [F4]One share of PROS Holdings, Inc. (the "Company") common stock will be issued for each performance share (market share unit, or "MSU") that vests.
- [F5]These performance share units (MSUs) will vest on January 15, 2022 at up to 200% of the grant amount if the Company's total recurring revenue measured according to U.S. generally accepted accounting principles meets certain minimum performance hurdles for the performance period of January 1, 2019 to December 31, 2020.
- [F6]All grants below are shown at the maximum possible award of 200%, and includes: (i) 79,338 performance shares (MSUs) which will vest on October 9, 2020, associated with an October 9, 2017 grant; (ii) 12,346 performance shares (MSUs) which will vest on January 10, 2021, associated with a January 12, 2018 grant; and (iii) 38,370 performance shares (MSUs) which will vest on January 15, 2022, associated with a January 15, 2019 grant.
Documents
Issuer
PROS Holdings, Inc.
CIK 0001392972
Entity typeother
Related Parties
1- filerCIK 0001371064
Filing Metadata
- Form type
- 4
- Filed
- Jan 16, 7:00 PM ET
- Accepted
- Jan 17, 7:11 PM ET
- Size
- 9.3 KB