Statement of Changes in Beneficial Ownership (4)
January 12 2022 - 05:05PM
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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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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|
1. Name
and Address of Reporting Person * Cook
Scott William |
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)
Sr.VP,Chief Accounting Officer |
(Last)
(First)
(Middle)
3200 KIRBY DR., SUITE 600 |
3. Date of Earliest Transaction (MM/DD/YYYY)
1/10/2022
|
(Street)
HOUSTON 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 |
1/10/2022 |
|
M |
|
2894 |
A |
$32.15 (1) |
34915 (2) |
D |
|
Common Stock |
1/11/2022 |
|
S |
|
1302 (3) |
D |
$31.92 (4) |
33613 |
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 |
(5) |
1/10/2022 |
|
M |
|
2894 |
|
(6) |
(6) |
Common Stock |
2894.0 |
$0 |
23528 (7) |
D |
|
Restricted Stock Units |
(5) |
1/10/2022 |
|
A |
|
20217 |
|
(8) |
(8) |
Common Stock |
20217.0 |
$0 |
43745 (9) |
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, 2022. |
(2) |
This number includes 92
shares purchased through the PROS Employee Stock Purchase Plan for
the purchase period ending December 31, 2021. |
(3) |
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 December 8, 2021. |
(4) |
These shares were sold in
multiple transactions all at this price. |
(5) |
Each restricted stock unit
("RSU") represents the contingent right to receive one share of
PROS common stock. |
(6) |
This is the last tranche of
a RSU grant, awarded on January 8, 2018 in the amount of 11,574
units, that vested annually, in equal installments over a four-year
period on January 10 of each year. |
(7) |
Includes: (i) 4,539 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; (ii) 4,500 unvested RSUs awarded on
January 13, 2020 - the award vests in four equal annual
installments beginning January 13, 2021, with a final lapse date of
January 13, 2024; and (iii) 14,489 unvested RSUs awardedon January
11, 2021 - the award vests in four equal annual installments
beginning January 11, 2022, with a final lapse date of January 11,
2025. |
(8) |
This grant was awarded on
January 10, 2022. These RSUs will vest at 25% after one year on the
anniversary date, and the remainder will vest at the rate of 6.25%
on the 10th day of the first month of each quarter
thereafter. |
(9) |
This amount includes
everything listed in Footnote 7 with the addition of the grant
awarded on January 10, 2022 as described in Footnote 8. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Cook Scott William
3200 KIRBY DR., SUITE 600
HOUSTON 77098 |
|
|
Sr.VP,Chief Accounting Officer |
|
Signatures
|
Chris Chaffin, attorney-in-fact for Scott William
Cook |
|
1/12/2022 |
**Signature of
Reporting Person |
Date |
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