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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 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) | 02/24/2014 | A | 75,000 | (2) | (2) | Common Stock | 75,000 | $ 0 | 75,000 (3) | D | ||||
Performance Share Units | (3) | 02/24/2014 | A | 150,000 | (4) | (4) | Common Stock | 150,000 | $ 0 | 150,000 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Crump Daniel Blair 3100 MAIN STREET SUITE 900 HOUSTON, TX 77002 |
Chief Operating Officer |
Damian Olthoff, attorney-in-fact for Daniel Blair Crump | 02/24/2014 | |
**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 represents the contingent right to receive one share of PROS Holdings, Inc. common stock. |
(2) | This restricted stock unit grant was awarded on February 24, 2014 and will vest annually, in equal installments beginning on January 1, 2015 and ending on January 1, 2018, subject to continued employment. |
(3) | Each performance share unit ultimately issued (in this case market share units ("MSU's"), represents the contingent right to receive one share of PROS Holdings, Inc. common stock. |
(4) | 75,000 RSUs vest annually, in four equal installments beginning on January 1, 2015 subject to continued employment. |
(5) | Represents 75,000 performance shares granted (in this case MSUs). The actual number to be awarded is variable based on over-or-under performance of PROS Holdings, Inc. stock price compared to the Russell 2000 Index during the three-year performance period beginning January 1, 2014 and ending January 1, 2017. The number of units shown assumes the maximum shares possible for award. |