4//SEC Filing
Hannon Lawrence 4
Accession 0001104659-19-065543
CIK 0001634038other
Filed
Nov 18, 7:00 PM ET
Accepted
Nov 19, 6:25 PM ET
Size
9.4 KB
Accession
0001104659-19-065543
Insider Transaction Report
Form 4
Hannon Lawrence
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2019-11-15+11,470→ 61,600 total - Tax Payment
Common Stock
2019-11-15$16.84/sh−3,928$66,148→ 57,672 total - Exercise/Conversion
Restricted Stock Units
2019-11-15−11,470→ 45,801 total→ Common Stock (11,470 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of ProSight Global, Inc. ("PGI") upon settlement for no consideration. This transaction represents the settlement of RSUs in shares of common stock of PGI.
- [F2]Shares withheld by PGI to satisfy tax withholding requirements on settlement of RSUs. No shares were sold.
- [F3]Represents vested RSUs initially granted under ProSight Global Holdings Limited's ("PGHL") 2010 Equity Incentive Plan (the "2010 Plan") that were exchanged for vested RSUs over shares of PGI's common stock in connection with the merger of PGHL with and into its wholly owned subsidiary, PGI, which was consummated in connection with PGI's initial public offering. RSUs are settled on the earliest to occur of the grantee's death or disability, termination of service to PGI, a "change of control" (as defined in the 2010 Plan) that constitutes a "change in control event" pursuant to Section 409A of the Internal Revenue Code of 1986, as amended, or the fifth anniversary of the grant date.
Documents
Issuer
ProSight Global, Inc.
CIK 0001634038
Entity typeother
Related Parties
1- filerCIK 0001782475
Filing Metadata
- Form type
- 4
- Filed
- Nov 18, 7:00 PM ET
- Accepted
- Nov 19, 6:25 PM ET
- Size
- 9.4 KB