0001392972-24-000006.txt : 20240116
0001392972-24-000006.hdr.sgml : 20240116
20240116163503
ACCESSION NUMBER: 0001392972-24-000006
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240112
FILED AS OF DATE: 20240116
DATE AS OF CHANGE: 20240116
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Schulz Stefan B
CENTRAL INDEX KEY: 0001340371
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-33554
FILM NUMBER: 24535606
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]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 760168604
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3200 KIRBY DR.
STREET 2: SUITE 600
CITY: HOUSTON
STATE: TX
ZIP: 77098
BUSINESS PHONE: 713-335-5151
MAIL ADDRESS:
STREET 1: 3200 KIRBY DR.
STREET 2: SUITE 600
CITY: HOUSTON
STATE: TX
ZIP: 77098
4
1
wk-form4_1705440891.xml
FORM 4
X0508
4
2024-01-12
0
0001392972
PROS Holdings, Inc.
PRO
0001340371
Schulz Stefan B
3200 KIRBY DR., SUITE 600
HOUSTON
TX
77098
0
1
0
0
EVP and CFO
0
Common Stock
2024-01-12
4
M
0
18518
35.18
A
267556
D
Common Stock
2024-01-12
4
F
0
8445
35.18
D
259111
D
Restricted Stock Units
2024-01-12
4
M
0
18518
0
D
Common Stock
18518
93849
D
Restricted Stock Units
2024-01-12
4
A
0
68220
0
A
Common Stock
68220
162069
D
Market Stock Units
2024-01-12
4
A
0
90960
0
A
Common Stock
90960
301610
D
The price represents the price of PROS Holdings, Inc. ("PROS") common stock at the close of market on January 12, 2024.
Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS common stock.
This RSU grant was awarded on January 12, 2023 in the amount of 74,074 RSUs. They vested 25% after one-year on the anniversary date, and the remainder vest at the rate of 6.25% on the 12th day of the first month of each quarter thereafter.
Includes: (i) 5,650 unvested RSUs awarded January 13, 2020 - the award vests in four equal
annual installments beginning January 13, 2021, with a final lapse date of January 13, 2024; (ii)
9,315 unvested RSUs awarded January 11, 2021 - the award vests in four equal annual installments
beginning January 11, 2022, with a final lapse date of January 11, 2025; (iii) 23,328 unvested RSUs
awarded January 10, 2022 - the award vests 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; and (iv) 55,556 unvested RSUs awarded January 12, 2023 - the award
vests at 25% after one year on the anniversary date and the remainder will vest at the rate of
6.25% on the 12th day of the first month of each quarter thereafter.
This RSU grant was awarded on January 12, 2024 in the amount of 68,220 RSUs. They vest 25% after one-year on the anniversary date, and the remainder vest at the rate of 6.25% on the 12th day of the first month of each quarter thereafter.
This amount includes everything listed in Footnote 4, with the addition of item (v) as detailed in Footnote 5.
One share of PROS common stock will be issued for each performance Market Stock Unit ("MSU") that vests.
These MSUs were granted on January 12, 2024, have a settlement date of January 31, 2027 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, 2024 through December 31, 2026. The number reported here represents the maximum possible number of shares which may be earned at 200% of target award.
All grants in this footnote represent the maximum possible number of shares which may be earned at 200% of target award, and includes: (i) 49,678 MSUs - the performance period for these shares ended on December 31, 2023 and will settle on January 31, 2024, and is associated with a January 11, 2021 grant; (ii) 62,208 MSUs - the performance period for these shares will end on December 31, 2024 and will settle on January 31, 2025, and is associated with a January 10, 2022 grant; and (iii) 98,764 MSUs - the performance period for these shares will end on December 31, 2025 and will settle on January 31, 2026, and is associated with a January 12, 2023 grant; and (iv) 90,960 MSUs, the details of which are presented in Footnote 8.
Chris Chaffin, attorney-in-fact for Stefan B. Schulz
2024-01-16