Form 4 for ALIT Alight, Inc. / Delaware
Accepted 2023-02-10 00:00:00 ET · period of report 2023-01-31 · accession 0001209191-23-008414 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-10 | 2023-01-31 | ALIT | Wahlstrom Cathinka E | See Remarks | D - Sale to Iss | $0.00 | -118.9K | 1.41M | -8% | $0 |
| D | 2023-02-10 | 2023-01-31 | ALIT | Wahlstrom Cathinka E | See Remarks | F - Tax | $9.39 | -65.8K | 1.53M | -4% | -$617.4K |
| DM | 2023-02-10 | 2023-01-31 | ALIT | Wahlstrom Cathinka E | See Remarks | D - Sale to Iss | $0.00 | -4,608 | 32.7K | -12% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-01-31 | D | D | 118,903 | $0.00 | 1,414,005 | D | — | — | (F3) Represents the number of shares of restricted Class A common stock forfeited in connection with termination of employment. |
| 2 | Common | Class A Common Stock | 2023-01-31 | F | D | 65,754 | $9.39 | 1,532,908 | D | — | — | (F2) Represents the number of shares withheld to cover tax liability incurred upon the accelerated vesting of previously reported Restricted Stock in connection with termination of employment. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person. |
| 3 | Derivative | Class B-2 Common Stock | 2023-01-31 | D | D | 2,304 | $0.00 | 32,723 | D | — · — to — | 2,304 Class A Common Stock | (F7) Represents the number of shares of restricted Class B-2 common stock forfeited in connection with termination of employment. (F6) Shares of Class B-2 common stock do not represent economic interests in the issuer, except for participation together with Class A common stock in any dividends or distributions, which amounts will accrue and only become payable upon the occurrence of certain Class B vesting events. Holders of Class B-2 common stock are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B-2 common stock will automatically convert into shares of Class A common stock on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B-2 vesting events. |
| 4 | Derivative | Class B-1 Common Stock | 2023-01-31 | D | D | 2,304 | $0.00 | 32,723 | D | — · — to — | 2,304 Class A Common Stock | (F5) Represents the number of shares of restricted Class B-1 common stock forfeited in connection with termination of employment. (F4) Shares of Class B-1 common stock do not represent economic interests in the issuer, except for participation together with Class A common stock in any dividends or distributions, which amounts will accrue and only become payable upon the occurrence of certain Class B vesting events. Holders of Class B-1 common stock are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B-1 common stock will automatically convert into shares of Class A common stock on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B-1 vesting events. |