0001392972-23-000006.txt : 20230117
0001392972-23-000006.hdr.sgml : 20230117
20230117170035
ACCESSION NUMBER: 0001392972-23-000006
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230112
FILED AS OF DATE: 20230117
DATE AS OF CHANGE: 20230117
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: 23532105
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_167399280415971.xml
FORM 4
X0306
4
2023-01-12
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
Restricted Stock Units
2023-01-12
4
A
0
74074
0
A
Common Stock
74074.0
148074
D
Market Stock Units
2023-01-12
4
A
0
98764
0
A
Common Stock
98764.0
210650
D
Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. ("PROS") Common Stock.
This grant was awarded on January 12, 2023. These RSUs vest 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.
Includes: (i) 9,078 unvested RSUs awarded 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; (ii) 11,300 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; (iii) 18,630 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; and (iv) 34,992 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 74,074 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.
One share of PROS Common Stock will be issued for each performance Market Stock Unit ("PMSU") that vests.
These PMSUs were granted on January 12, 2023, have a settlement date of January 31, 2026 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, 2023 through December 31, 2025. The amount of units reported represent 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 will end on December 31, 2023 and will settle on January 31, 2024, and is associated with a January 11, 2021 grant; (ii) 62,208 PMSUs - 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 PMSUs as detailed in footnote 5.
Chris Chaffin, attorney-in-fact for Stefan B. Schulz
2023-01-17