0001392972-21-000009.txt : 20210111 0001392972-21-000009.hdr.sgml : 20210111 20210111172205 ACCESSION NUMBER: 0001392972-21-000009 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20210110 FILED AS OF DATE: 20210111 DATE AS OF CHANGE: 20210111 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: 21521662 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: 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 wf-form4_161040371086443.xml FORM 4 X0306 4 2021-01-10 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 Common Stock 2021-01-10 4 M 0 10417 48.31 A 254747 D Common Stock 2021-01-10 4 M 0 55556 48.31 A 310303 D Restricted Stock Units 2021-01-10 4 M 0 10417 0 D Common Stock 10417.0 60249 D Market Stock Units 2021-01-10 4 M 0 55556 0 D Common Stock 55556.0 78612 D The price represents the price of PROS Holdings, Inc. ("PROS") common stock at the close of market on January 11, 2021, the business day immediately following the vest date of January 10, 2021. Each restricted stock unit represents the contingent right to receive one share of PROS common stock This is the third tranche of a restricted stock unit grant, awarded on January 8, 2018 in the amount of 41,667 units, that vest annually, in equal installments over a four-year period on January 1 of each year. Includes: (i) 10,417 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; (ii) 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 (iii) 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 common stock. Represents MSUs granted on January 12, 2018 as performance shares, with a vest date of January 10, 2021. PROS' Compensation and Leadership Development Committee of the Board of Directors met on January 11, 2021 to confirm the achievement level for the 200% award. All performance grants are shown at the maximum possible number of shares which may be earned at 200% of target award, and includes: (i) 48,412 performance RSUs which will vest on January 15, 2022, associated with a January 15, 2019 grant; and (ii) 30,200 performance RSUs which will vest on January 13, 2023, associated with a February 7, 2020 grant. Damian W. Olthoff, attorney-in-fact for Stefan B. Schulz 2021-01-11