4//SEC Filing
Arnold Anthony 4
Accession 0000899243-21-028554
CIK 0001634038other
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 7:17 PM ET
Size
25.5 KB
Accession
0000899243-21-028554
Insider Transaction Report
Form 4
Arnold Anthony
Director
Transactions
- Purchase
Common Stock
2020-03-05$13.81/sh+2,000$27,620→ 17,007,247 total(indirect: See Footnotes) - Purchase
Common Stock
2019-10-15$17.33/sh+1,074$18,613→ 17,006,651 total(indirect: See Footnotes) - Sale
Common Stock
2020-03-05$13.81/sh−2,000$27,620→ 17,005,247 total(indirect: See Footnotes) - Conversion
Restricted Stock Units
2021-04-30−9,183→ 11,043 total(indirect: See Footnotes)→ Common Stock (9,183 underlying) - Sale
Common Stock
2019-07-25$16.00/sh−10,000$160,000→ 1,384,956 total(indirect: See Footnotes) - Purchase
Common Stock
2020-07-27$8.69/sh+200$1,738→ 17,006,124 total(indirect: See Footnotes) - Purchase
Common Stock
2019-07-25$16.00/sh+10,000$160,000→ 1,394,956 total(indirect: See Footnotes) - Sale
Common Stock
2019-10-15$17.33/sh−1,074$18,613→ 17,005,577 total(indirect: See Footnotes) - Sale
Common Stock
2020-07-27$8.69/sh−200$1,738→ 17,005,924 total(indirect: See Footnotes) - Conversion
Common Stock
2021-04-30+9,183→ 17,005,532 total(indirect: See Footnotes)
Footnotes (7)
- [F1]These transactions in the common stock (the "Common Stock") of ProSight Global, Inc. (the "Issuer") have not previously been reported on Form 4 and were effected by Goldman Sachs & Co. LLC ("Goldman Sachs") acting as agent on behalf of certain international affiliates that had entered into riskless principal trades in connection with client trade facilitation in the ordinary course of their business.
- [F2]Without conceding riskless principal trades in connection with client trade facilitation in the ordinary course of business can result in liability under Section 16(b) of the Securities Exchange Act of 1934 (the "Exchange Act"), the amount of profit potentially recoverable by the Issuer from the reported transactions in the event that they were subject to Section 16(b) will be remitted to the Issuer.
- [F3]The Reporting Person is a managing director of Goldman Sachs. Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. (the "GS Group").
- [F4]Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, 17,005,532 shares of the Common Stock of the Issuer by reason of the direct or indirect beneficial ownership of Common Stock by certain investment entities (the "GS Funds") because GS Group, or affiliates of GS Group and Goldman Sachs, are the general partner, managing general partner, managing partner, managing member or member of the GS Funds. Goldman Sachs is the investment manager of certain of the GS Funds. GS Group also directly owns 9,183 shares of Common Stock.
- [F5]The Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of, or has any pecuniary interest in, such securities for purposes of Section 16 of the Exchange Act, or for any other purpose.
- [F6]Represents the automatic conversion of 9,183 vested Restricted Stock Units ("RSUs") awarded to Magnus Helgason pursuant to the non-employee director compensation policy of the Issuer for his service as a director of the Issuer into 9,183 shares of Common Stock in connection with Mr. Helgason's departure from the Issuer's board of directors. Mr. Helgason held the RSUs on behalf of GS Group.
- [F7]Represents 11,043 RSUs held by Anthony Arnold on behalf of GS Group.
Documents
Issuer
ProSight Global, Inc.
CIK 0001634038
Entity typeother
Related Parties
1- filerCIK 0001783109
Filing Metadata
- Form type
- 4
- Filed
- Jul 14, 8:00 PM ET
- Accepted
- Jul 15, 7:17 PM ET
- Size
- 25.5 KB