4//SEC Filing
PISZEL ANTHONY S 4
Accession 0001104659-21-101688
CIK 0001634038other
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 7:40 PM ET
Size
14.8 KB
Accession
0001104659-21-101688
Insider Transaction Report
Form 4
PISZEL ANTHONY S
Chief Financial Officer
Transactions
- Disposition to Issuer
Common Stock
2021-08-04$12.85/sh−50,178$644,787→ 73,945 total - Disposition to Issuer
Common Stock
2021-08-04−32,220→ 41,725 total - Disposition to Issuer
Common Stock
2021-08-04−41,725→ 0 total - Disposition to Issuer
Restricted Stock Units
2021-08-04−146,235→ 21,588 total→ Common Stock (146,235 underlying) - Disposition to Issuer
Performance-based Restricted Stock Units
2021-08-04−21,588→ 0 total→ Common Stock (21,588 underlying)
Footnotes (5)
- [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.
- [F2]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding vested and unvested award of shares subject to time-based vesting conditions 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.
- [F3]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding vested and unvested award of shares subject to performance-based vesting conditions 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 that became vested based on the higher of target performance and actual performance multiplied by (B) the Per Share Consideration.
- [F4]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.
- [F5]Pursuant to the Merger Agreement, at the effective time of the Merger, each outstanding vested and unvested performance-based 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 that became vested based on the higher of target performance and actual performance multiplied by (B) the Per Share Consideration.
Documents
Issuer
ProSight Global, Inc.
CIK 0001634038
Entity typeother
Related Parties
1- filerCIK 0001233223
Filing Metadata
- Form type
- 4
- Filed
- Aug 5, 8:00 PM ET
- Accepted
- Aug 6, 7:40 PM ET
- Size
- 14.8 KB