Home > Insider Trading > Filing (0000899243-21-028557)

Filing Details

Accession Number:: 0000899243-21-028557
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-07-15 19:21:48
Reporting Period:: 2019-07-25

Accepted Time:: 2021-07-15 19:21:48
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1634038	Prosight Global Inc.	PROS	Fire, Marine & Casualty Insurance (6331)	352405664

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1805172	T Magnus Helgason	C/O Goldman Sachs &Amp; Co. Llc 200 West Street New York NY 10282		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-07-25	10,000	$16.00	1,394,956	No	4	P	Indirect	See Footnotes
Common Stock	Disposition	2019-07-25	10,000	$16.00	1,384,956	No	4	S	Indirect	See Footnotes
Common Stock	Acquisiton	2019-10-15	1,074	$17.33	17,006,651	No	4	P	Indirect	See Footnotes
Common Stock	Disposition	2019-10-15	1,074	$17.33	17,005,577	No	4	S	Indirect	See Footnotes
Common Stock	Acquisiton	2020-03-05	2,000	$13.81	17,007,247	No	4	P	Indirect	See Footnotes
Common Stock	Disposition	2020-03-05	2,000	$13.81	17,005,247	No	4	S	Indirect	See Footnotes
Common Stock	Acquisiton	2020-07-27	200	$8.69	17,006,124	No	4	P	Indirect	See Footnotes
Common Stock	Disposition	2020-07-27	200	$8.69	17,005,924	No	4	S	Indirect	See Footnotes
Common Stock	Acquisiton	2021-04-30	9,183	$0.00	17,005,532	No	4	C	Indirect	See Footnotes

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	P	Indirect	See Footnotes
No	4	S	Indirect	See Footnotes
No	4	C	Indirect	See Footnotes

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2021-04-30	9,183	$0.00	9,183	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,043			No	4	C	Indirect

Footnotes

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.
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.
The Reporting Person is a vice president of Goldman Sachs. Goldman Sachs is a subsidiary of The Goldman Sachs Group, Inc. (the "GS Group"). Effective March 1, 2021, the Reporting Person ceased to be a member of the Issuer's board of directors.
Goldman Sachs and GS Group may be deemed to beneficially own directly or 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.
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.
Represents the automatic conversion of 9,183 vested Restricted Stock Units ("RSUs") awarded to the Reporting Person 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 the Reporting Person's departure from the Issuer's board of directors. The Reporting Person held the RSUs on behalf of GS Group.
Represents 11,043 RSUs held by Anthony Arnold on behalf of GS Group.