Sheila Hooda - Aug 4, 2021 Form 4 Insider Report for ProSight Global, Inc. (PROS)

Role
Director
Signature
/s/ Patrick Horan (Attorney-in-Fact)
Stock symbol
PROS
Transactions as of
Aug 4, 2021
Transactions value $
$0
Form type
4
Date filed
8/6/2021, 07:42 PM
Next filing
Sep 15, 2021

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PROS Restricted Stock Units Disposed to Issuer -17.3K -100% 0 Aug 4, 2021 Common Stock 17.3K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 14, 2021, by and among ProSight Global, Inc., Pedal Parent, Inc. and Pedal Merger Sub, Inc. providing for the merger of the Issuer and Pedal Merger Sub, Inc. (the "Merger"), at the effective time of the Merger, each outstanding vested and unvested time-vesting restricted stock unit award was cancelled and converted into the right to receive an amount in cash, less any required withholding taxes, equal to the product of (A) the number of shares subject to such award multiplied by (B) $12.85.