04/22/2025 | Press release | Distributed by Public on 04/22/2025 15:33
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 | (3) | 04/21/2025 | M | 7,467 | (4) | (4) | Common Stock | 7,467 | $ 0 | 247,225(5) | D | ||||
Restricted Stock Units | (3) | 04/21/2025 | M | 17,921 | (6) | (6) | Common Stock | 17,921 | $ 0 | 229,304(7) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
McNabb Todd 3200 KIRBY DR. SUITE 600 HOUSTON, TX 77098 |
Chief Revenue Officer |
Christopher C. Chaffin, attorney-in-fact for Todd McNabb | 04/22/2025 | |
**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) | The actual vest date fell on Friday, April 18 (an SEC holiday), and therefore the transaction occurred on the first business day thereafter. |
(2) | The price represents the price of PROS Holdings, lnc. ("PROS") common stock at the close of market on April 21, 2025. |
(3) | Each restricted stock unit ("RSU") represents the contingent right lo receive one share of PROS common stock. |
(4) | This is the single tranche of an award granted on April 18, 2024, in the amount of 7,467 RSUs. |
(5) | Includes: (i) 71,684 unvested RSUs awarded April 18, 2024 - vests at 25% after 1-year on the anniversary date and the remainder vesting at 6.25% on the 18th day of the 1st month of each quarter thereafter; (ii) 105,429 unvested RSUs awarded October 16, 2024 - vests at 25% after 1-year on the anniversary date and the remainder vesting at 6.25% on the 16th day of the 1st month of each quarter thereafter; and (iii) 70,112 unvested RSUs awarded Jan 15, 2025 - vests at 25% after 1-year on the anniversary date and the remainder vesting 6.25% on the 15th day of the 1st month of each quarter thereafter. |
(6) | This is the first tranche of an award granted on April 18, 2024, in the amount of 71,684 RSUs . |
(7) | Includes everything in Footnote 5, with the exception of number (i), which is changed to 53,763 unvested RSUs. |