Key facts
- This page summarizes Spriggs Otha T. III's Form 4 filing for ProSight Global, Inc..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Aug 2021, 19:41.
Spriggs Otha T. III - 04 Aug 2021 Form 4 Insider Report for ProSight Global, Inc.
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 04 Aug 2021
- Net transaction value
- -$128,500
- Reporting owner signature
- /s/ Patrick Horan (Attorney-in-Fact)
Source evidence
Original filing metadata and source links for verification.
3 source fields
Reporting owner
1 detail
Key filing fact
Spriggs Otha T. III filed Form 4 for ProSight Global, Inc. on 06 Aug 2021.
Change
- No earlier filing in this sequence is available for direct comparison.
- Current net transaction value: -$128,500.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PROS
transaction
Common Stock
Disposed to Issuer
- Transaction value
- $128,500
- Shares
- -10,000
- Change %
- -100%
- Price
- $12.85
- Shares after
- 0
- Date
- 04 Aug 2021
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PROS
transaction
Derivative
Restricted Stock Units
Disposed to Issuer
- Transaction value
- Shares
- -16,429
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 04 Aug 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 16,429
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Spriggs Otha T. III is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 14, 2021 , by and among ProSight Global, Inc. (the "Issuer"), Pedal Parent, Inc. and Pedal Merger Sub, Inc. providing for the merger of the Issuer and Pedal Merger Sub, Inc. (the "Merger") and, at the effective time of the Merger, each share of the Issuer's common stock was converted into the right to receive $12.85 in cash, without interest and less any required withholding taxes (the "Per Share Merger Consideration"). The Merger was completed on August 4, 2021.
Footnote F2
Pursuant to the Merger Agreement, 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) the Per Share Consideration.