0001392972-20-000064.txt : 20200303
0001392972-20-000064.hdr.sgml : 20200303
20200303161402
ACCESSION NUMBER: 0001392972-20-000064
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200301
FILED AS OF DATE: 20200303
DATE AS OF CHANGE: 20200303
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schulz Stefan B
CENTRAL INDEX KEY: 0001340371
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33554
FILM NUMBER: 20682379
MAIL ADDRESS:
STREET 1: 9625 W 76TH STREET
CITY: EDEN PRAIRIE
STATE: MN
ZIP: 55344
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PROS Holdings, Inc.
CENTRAL INDEX KEY: 0001392972
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 760168604
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3100 MAIN STREET
STREET 2: SUITE 900
CITY: HOUSTON
STATE: TX
ZIP: 77002
BUSINESS PHONE: 713-335-5151
MAIL ADDRESS:
STREET 1: 3100 MAIN STREET
STREET 2: SUITE 900
CITY: HOUSTON
STATE: TX
ZIP: 77002
4
1
wf-form4_158327002607298.xml
FORM 4
X0306
4
2020-03-01
0
0001392972
PROS Holdings, Inc.
PRO
0001340371
Schulz Stefan B
3100 MAIN ST.
SUITE 900
HOUSTON
TX
77002
0
1
0
0
EVP and CFO
Common Stock
2020-03-01
4
M
0
15625
46.70
A
223737
D
Common Stock
2020-03-01
4
F
0
6290
46.70
D
217447
D
Common Stock
2020-03-02
4
M
0
52200
46.70
A
269647
D
Common Stock
2020-03-02
4
F
0
21011
46.70
D
248636
D
Common Stock
2020-03-02
4
S
0
2000
45.737
D
246636
D
Restricted Stock Units
2020-03-01
4
M
0
15625
0
D
Common Stock
15625.0
80466
D
Market Stock Units
2020-03-02
4
M
0
52200
0
D
Common Stock
52200.0
134168
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2019.
This price represents a weighted average price. These shares were sold in 49 transactions at prices ranging from $44.30 to $46.81, 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 in Footnote 2 to this Form 4.
Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
This is the last tranche of a RSU grant awarded on March 25, 2016 in the amount of 62,500 units, which vested annually in equal installments over a four-year period on March 1st of each year, with a final lapse date of March 1, 2020.
Includes: (i) 9,800 unvested RSUs awarded on January 20, 2017 - the award vests in four equal annual installments which began on January 1, 2018, with a final lapse date of January 1, 2021; (ii) 20,834 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; (iii) 27,232 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; and (iv) 22,600 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.
Each market stock unit ("MSU") finally awarded represents the contingent right to receive one share of PROS Holdings, Inc. common stock.
Represents MSUs granted on January 20, 2017. The number of shares awarded reflects a 200% achievement level earned.
All performance grants are shown at the maximum possible number of shares which may be earned at 200% of target award, and includes: (i) 55,556 MSUs which will vest on January 10, 2021, associated with a January 12, 2018 grant; and (ii) 48,412 performance RSUs which will vest on January 15, 2022, associated with a January 15, 2019 grant; and (iii) 30,200 performance RSUs which will vest on January 13, 2023, associated with a February 7, 2019 grant.
Damian W. Olthoff, attorney-in-fact for Stefan B. Schulz
2020-03-03