Key facts
- This page summarizes Anthony Arnold's Form 4 filing for ProSight Global, Inc..
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 06 Aug 2021, 21:39.
Anthony Arnold - 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
- -$218,798,261
- SEC form
- 4
- Accepted by SEC
- 06 Aug 2021, 21:39:03 UTC
- Prior SEC filing
- 15 Jul 2021
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jamison Yardley, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Anthony Arnold filed Form 4 for ProSight Global, Inc. on 06 Aug 2021.
Change
- Previous filing in this sequence was filed on 15 Jul 2021.
- Current net transaction value: -$218,798,261.
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
- $218,656,358
- Shares
- -17,016,059
- Change %
- -100%
- Price
- $12.85
- Shares after
- 0
- Date
- 04 Aug 2021
- Ownership
- See Footnotes
- Footnotes
- F1, F2, F3
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
- $141,903
- Shares
- -11,043
- Change %
- -100%
- Price
- $12.85
- Shares after
- 0
- Date
- 04 Aug 2021
- Ownership
- See Footnotes
- Underlying class
- Common Stock
- Underlying amount
- 11,043
- Exercise price
- Footnotes
- F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Anthony Arnold is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 4 footnotes
Footnote F1
On August 4, 2021, each share of common stock of the Issuer was converted into the right to receive $12.85 in cash, pursuant to the Agreement and Plan of Merger, dated as of January 14, 2021 ("Merger Agreement"), entered into among Pedal Parent, Inc. ("Parent"), Pedal Merger Sub, Inc., a wholly-owned subsidiary of Parent, and the Issuer.
Footnote F2
The Goldman Sachs Group, Inc. (the "GS Group") and Goldman Sachs & Co. LLC, a subsidiary of GS Group ("Goldman Sachs") may be deemed to beneficially own indirectly the securities of the Issuer by reason of the direct or indirect beneficial ownership of such securities 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 F3
The Reporting Person is a managing director of Goldman Sachs. The Reporting Person 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.
Footnote F4
Represents vested restricted stock units ("RSUs") previously awarded by the Issuer to the Reporting Person for his service as a director of the Issuer and held by the Reporting Person on behalf of GS Group. On August 4, 2021, the RSUs were cancelled pursuant to the Merger Agreement in exchange for an amount in cash equal to the product the number of shares of common stock subject to the award multiplied by $12.85 per share.