Key facts
- This page summarizes GOLDMAN SACHS & CO. LLC's Form 4 filing for ProSight Global, Inc..
- 10 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 15 Jul 2021, 19:13.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Purchase
Sale
Purchase
Sale
Purchase
Sale
Purchase
Sale
Conversion of derivative security
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Conversion of derivative security
Additional SEC filing notes
Footnote F1
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.
Footnote 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.
Footnote F3
This statement is being filed by The Goldman Sachs Group, Inc. ("GS Group") and Goldman Sachs (together, the "Reporting Persons").
Footnote F4
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.
Footnote F5
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.
Footnote F6
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.
Footnote F7
Represents 11,043 RSUs held by Anthony Arnold on behalf of GS Group.