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PROS ProSight Global Inc

12.85
0.00 (0.00%)
18 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
ProSight Global Inc NYSE:PROS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.85 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

16/07/2021 12:13am

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

GOLDMAN SACHS & CO. LLC
2. Issuer Name and Ticker or Trading Symbol

ProSight Global, Inc. [ PROS ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    __X__ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

200 WEST STREET
3. Date of Earliest Transaction (MM/DD/YYYY)

7/25/2019
(Street)

NEW YORK, NY 10282
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (1)(2)(3)7/25/2019  P  10000 A$16.00 1394956 (4)(5)I See Footnotes (4)(5)
Common Stock (1)(2)(3)7/25/2019  S  10000 D$16.00 1384956 (4)(5)I See Footnotes (4)(5)
Common Stock (1)(2)(3)10/15/2019  P  1074 A$17.3307 17006651 (4)(5)I See Footnotes (4)(5)
Common Stock (1)(2)(3)10/15/2019  S  1074 D$17.3307 17005577 (4)(5)I See Footnotes (4)(5)
Common Stock (1)(2)(3)3/5/2020  P  2000 A$13.81 17007247 (4)(5)I See Footnotes (4)(5)
Common Stock (1)(2)(3)3/5/2020  S  2000 D$13.81 17005247 (4)(5)I See Footnotes (4)(5)
Common Stock (1)(2)(3)7/27/2020  P  200 A$8.69 17006124 (4)(5)I See Footnotes (4)(5)
Common Stock (1)(2)(3)7/27/2020  S  200 D$8.69 17005924 (4)(5)I See Footnotes (4)(5)
Common Stock (3)(6)4/30/2021  C  9183 A$0.00 17005532 (4)(5)D (4)(5)(6) 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (6)4/30/2021  C     9183   (6) (6)Common Stock 9183  (6)11043 (7)I See Footnotes (4)(5)(6)

Explanation of Responses:
(1) 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.
(2) 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.
(3) This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs (together, the "Reporting Persons").
(4) 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.
(5) Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein except to the extent of its pecuniary interest therein, if any, and this report shall not be deemed an admission that any such 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.
(6) 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.
(7) Represents 11,043 RSUs held by Anthony Arnold on behalf of GS Group.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
GOLDMAN SACHS & CO. LLC
200 WEST STREET
NEW YORK, NY 10282

X

GOLDMAN SACHS GROUP INC
200 WEST STREET
NEW YORK, NY 10282

X


Signatures
/s/ Jamison Yardley, Attorney-in-fact7/15/2021
**Signature of Reporting PersonDate

/s/ Jamison Yardley, Attorney-in-fact7/15/2021
**Signature of Reporting PersonDate

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