UcfSE-
I've contacted Hilti about this, too. I had a different experience. I know they have had the equation listed in there technical guide for a long time, but that was the only explanation I got from them. I still have no idea where it came from.
I actually choose to ignore this when designing anchors, and if I use Profis, I will go through their printout and readjust the values (if I need to to get them to work). The reason is that App. D makes you use a reduction factor of (I think it's) 0.8 on the steel shear value if you have a grout bed (e.g. a standoff distance). I wouldn't use this for a 3" grout bed, but a 3/4" or 1" is fine IMO. If you use a 1" standoff distance in Profis the steel gets something like a ludicrous 70% reduction in capacity. Only 30% of the steel shear capacity is good for a 1" standoff? I don't agree with that, and there's nothing in App. D to make me think differently. I've also never found any article regarding this (though, I admittedly haven't looked too hard).