4//SEC Filing
Reiner Roberto D 4
Accession 0001392972-21-000013
CIK 0001392972other
Filed
Jan 12, 7:00 PM ET
Accepted
Jan 13, 5:33 PM ET
Size
11.3 KB
Accession
0001392972-21-000013
Insider Transaction Report
Form 4
Reiner Roberto D
EVP, Chief Technology Officer
Transactions
- Award
Restricted Stock Units
2021-01-11+23,597→ 94,248 total→ Common Stock (23,597 underlying) - Sale
Common Stock
2021-01-12$48.30/sh−6,076$293,471→ 96,549 total - Award
Market Stock Units
2021-01-11+31,462→ 53,062 total→ Common Stock (31,462 underlying)
Footnotes (9)
- [F1]The sale of shares reported on this Form 4 were made solely to cover tax withholding obligations of the Reporting Person and were sold pursuant to a Rule 10b5-1 trading plan dated November 3, 2020.
- [F2]These shares were sold in multiple transactions all at this price.
- [F3]Each restricted stock unit represents the contingent right to receive one share of PROS Holdings, Inc. ("PROS") common stock.
- [F4]This restricted stock unit ("RSU") grant was awarded on January 11, 2021 in the amount of 23,597 RSUs and vests annually, in equal installments, over a four-year period on January 11 each year.
- [F5]Includes: (i) 13,503 unvested RSUs awarded on January 8, 2018 - the award vests in four equal annual installments which began on January 10, 2019, with a final lapse date of January 10, 2022; (ii) 40,848 unvested RSUs awarded on January 15, 2019 - the award vests in four equal annual installments which began on January 15, 2020, with a final lapse date of January 15, 2023; (iii) 16,300 unvested RSUs awarded on January 13, 2020 - the award will vest in four equal annual installments beginning January 13, 2021, with a final lapse date of January 13, 2024; and (iv) 23,597 unvested RSUs awarded on January 11, 2021 - the award will vest in four equal annual installments beginning January 11, 2022, with a final lapse date of January 11, 2025.
- [F6]One share of PROS common stock will be issued for each Market Stock Unit ("MSU") that vests.
- [F7]The number shown is the maximum possible MSUs which may be earned at 200% of target award.
- [F8]These MSUs were granted on January 11, 2021, have a settlement date of January 31, 2024 and are subject to a performance measure based on the relative total shareholder return of PROS common stock vs. the return of the Russell 2000 Index during the performance period January 1, 2021 through December 31, 2023.
- [F9]All grants in this footnote represent the maximum possible number of shares which may be earned at 200% of target award, and includes: (i) 21,600 performance RSUs - the performance period for these shares will end on December 31, 2021 and will settle on January 13, 2023, and is associated with a February 7, 2020 grant; and (ii) 31,462 PMSUs - the performance period for these shares will end on December 31, 2023 and will settle on January 31, 2024, and is associated with a January 11, 2021 grant.
Documents
Issuer
PROS Holdings, Inc.
CIK 0001392972
Entity typeother
Related Parties
1- filerCIK 0001792475
Filing Metadata
- Form type
- 4
- Filed
- Jan 12, 7:00 PM ET
- Accepted
- Jan 13, 5:33 PM ET
- Size
- 11.3 KB