06/04/2025 | Press release | Distributed by Public on 06/04/2025 06:46
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction 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 (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 06/03/2025 | A | 338,218 | (2) | (2) | Common Stock | 338,218 | $ 0 | 338,218(3) | D | ||||
Market Stock Units | (1) | 06/03/2025 | A | 450,958 | (4) | (4) | Common Stock | 450,958(4) | $ 0 | 450,958(5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Cotten Jeffrey B. 3200 KIRBY DR., SUITE 600 HOUSTON, TX 77098 |
X | CEO and President |
Christopher C. Chaffin, attorney-in-fact for Jeffrey B. Cotten | 06/04/2025 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. ("PROS") common stock. |
(2) | This RSU grant was awarded June 3, 2025. It vests at 25% on June 2, 2025, and the remainder vest at the rate of 6.25% on the 2nd day of the first month of each quarter thereafter. |
(3) | This amount includes the grant detailed in Footnote 2. |
(4) | These MSUs were granted on June 3, 2025, have a settlement date of July 1, 2028, and are subject to a performance measure based on the relative total shareholder return of PROS common stock vs. the return of the companies in the Russell 2000 Index during the performance period June 2, 2025, through June 1, 2028. The number of units reported represent the maximum possible number of shares which may be earned at 200% of target award. |
(5) | This amount includes the grant detail in Footnote 3. |