Statement of Changes in Beneficial Ownership (4)
May 17 2021 - 04:38PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
|
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APPROVAL
OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
1. Name
and Address of Reporting Person * RECHAN
LESLIE J |
2. Issuer Name and Ticker or Trading
Symbol PROS Holdings, Inc. [ PRO ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
Chief Operating Officer |
(Last)
(First)
(Middle)
3200 KIRBY DR., SUITE 600 |
3. Date of Earliest Transaction (MM/DD/YYYY)
5/13/2021
|
(Street)
HOUSTON, TX 77098
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. 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 |
5/13/2021 |
|
M |
|
33101 |
A |
$37.98 (1) |
67789 |
D |
|
Common Stock |
5/14/2021 |
|
S |
|
13240 (2) |
D |
$38.38 (3) |
54549 |
D |
|
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. 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 |
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 of Derivative Security: 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) |
5/13/2021 |
|
M |
|
|
33101 |
(5) |
(5) |
Common Stock |
33101.0 |
$0 |
139048 |
D |
|
Explanation of
Responses: |
(1) |
Represents the price of the
Issuer's common stock at the close of market on May 13,
2021. |
(2) |
The sales reported in this
Form 4 were sold solely to cover tax withholding obligations and
were effected pursuant to a Rule 10b5-1 trading plan adopted by the
Reporting Person on November 19, 2020. |
(3) |
This price represents a
weighted average price. These shares were sold in one hundred
ninety two (192) separate transactions at prices ranging from
$37.51 to $38.61, inclusive. The Reporting Person undertakes to
provide to the Issuer, any security holder of PROS Holdings, Inc.,
or the staff of the Securities and Exchange Commission, upon
request, full information regarding the number of shares sold at
each separate price within the ranges set forth herein. |
(4) |
Each restricted stock unit
represents the contingent right to receive one share of PROS
Holdings, Inc. common stock. |
(5) |
This is the first tranche of
the grant awarded on May 13, 2020, which will vest annually, in
four equal installments, beginning on May 13, 2021 and ending on
May 13, 2024. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
RECHAN LESLIE J
3200 KIRBY DR., SUITE 600
HOUSTON, TX 77098 |
|
|
Chief Operating Officer |
|
Signatures
|
Damian W. Olthoff, attorney-in-fact for Leslie
Rechan |
|
5/17/2021 |
**Signature of
Reporting Person |
Date |
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