Sumit Rajpal - Jul 25, 2019 Form 4 Insider Report for ProSight Global, Inc. (PROS)

Role
Director
Signature
/s/ Jamison Yardley, Attorney-in-fact
Stock symbol
PROS
Transactions as of
Jul 25, 2019
Transactions value $
$0
Form type
4
Date filed
7/15/2021, 07:19 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PROS Common Stock Purchase $160K +10K +0.72% $16.00* 1.39M Jul 25, 2019 See Footnotes F1, F2, F3, F4, F5
transaction PROS Common Stock Sale -$160K -10K -0.72% $16.00* 1.38M Jul 25, 2019 See Footnotes F1, F2, F3, F4, F5
transaction PROS Common Stock Purchase $18.6K +1.07K +0.01% $17.33 17M Oct 15, 2019 See Footnotes F1, F2, F3, F4, F5
transaction PROS Common Stock Sale -$18.6K -1.07K -0.01% $17.33 17M Oct 15, 2019 See Footnotes F1, F2, F3, F4, F5
transaction PROS Common Stock Purchase $27.6K +2K +0.01% $13.81 17M Mar 5, 2020 See Footnotes F1, F2, F3, F4, F5
transaction PROS Common Stock Sale -$27.6K -2K -0.01% $13.81 17M Mar 5, 2020 See Footnotes F1, F2, F3, F4, F5
transaction PROS Common Stock Purchase $1.74K +200 +0% $8.69 17M Jul 27, 2020 See Footnotes F1, F2, F3, F4, F5
transaction PROS Common Stock Sale -$1.74K -200 0% $8.69 17M Jul 27, 2020 See Footnotes F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Sumit Rajpal is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These transactions in the common stock (the "Common Stock") of ProSight Global, Inc. (the "Issuer") have not previously been reported on Form 4 by the Reporting Person 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"). Effective February 20, 2020, the Reporting Person ceased to be a member of the Issuer's board of directors.
F4 Goldman Sachs and GS Group may be deemed to beneficially own indirectly, in the aggregate, 17,005,924 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.
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.