Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | PRO | Restricted Stock Units | Award | $0 | +70.1K | +37.98% | $0.00 | 255K | Jan 15, 2025 | Common Stock | 70.1K | Direct | F1, F2, F3 | |
transaction | PRO | Market Stock Units | Award | $0 | +93.5K | +97.81% | $0.00 | 189K | Jan 15, 2025 | Common Stock | 93.5K | Direct | F4, F5, F6 |
Id | Content |
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F1 | Each restricted stock unit ("RSU") represents the contingent right to receive one share of PROS Holdings, Inc. ("PROS") common stock. |
F2 | This RSU grant was awarded January 15, 2025, and vests at 25% after 1- year on the anniversary date, with the remainder vesting at the rate of 6.25% on the 15th day of the first month of each quarter thereafter. |
F3 | Includes: (i) 7,467 unvested RSUs awarded 4/18/2024 - vesting at 100% on the 1-year anniversary date; (ii) 71,684 unvested RSUs awarded 4/18/24 - vesting at 25% after 1-year on the anniversary date, with the remainder vesting at the rate of 6.25% on the 18th day of the first month of each quarter thereafter; (iii) 105,429 unvested RSUs awarded 10/16/24 - vesting at 25% after 1-year on the anniversary date, with the remainder vesting at 6.25% on the 16th day of the 1st month of each quarter thereafter; and (iv) 70,112 unvested RSUs awarded 01/15/25 - vesting at 25% after 1-year on the anniversary date, with the remainder vesting at 6.25% on the 15th day of the 1st month of each quarter thereafter. |
F4 | One share of PROS common stock will be issued for each performance Market Stock Unit ("MSU") that vests. |
F5 | These MSUs were granted on January 15, 2025, have a settlement date of January 31, 2028 and are subject to a performance measure based on the relative shareholder return of PROS common stock compared with that of a peer group over a three-year performance period January 15, 2025 through December 31, 2027. The number of units reported represent the maximum possible number of shares which may be earned at 200% of target award. |
F6 | All grants in this Footnote represent the maximum possible number of shares which may be earned at 200% of target award and includes: (i) 95,578 MSUs - the performance period for these shares will end on December 31, 2026, with a settlement date of January 31, 2027, associated with an April 18, 2024 grant; and (ii) 93,482 MSUs as detailed in Footnote 5. |