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4//SEC Filing

CARLSEN STEVEN W 4

Accession 0001104659-21-101695

CIK 0001634038other

Filed

Aug 5, 8:00 PM ET

Accepted

Aug 6, 7:44 PM ET

Size

7.8 KB

Accession

0001104659-21-101695

Insider Transaction Report

Form 4
Period: 2021-08-04
Transactions
  • Disposition to Issuer

    Common Stock

    2021-08-04$12.85/sh32,989$423,9090 total
  • Disposition to Issuer

    Restricted Stock Units

    2021-08-0466,5320 total
    Common Stock (66,532 underlying)
Footnotes (2)
  • [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 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.

Issuer

ProSight Global, Inc.

CIK 0001634038

Entity typeother

Related Parties

1
  • filerCIK 0001244609

Filing Metadata

Form type
4
Filed
Aug 5, 8:00 PM ET
Accepted
Aug 6, 7:44 PM ET
Size
7.8 KB