Form 4 for ALIT Alight, Inc. / Delaware
Accepted 2024-11-21 00:00:00 ET · period of report 2024-11-18 · accession 0001809104-24-000035 · 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 | 2024-11-21 | 2024-11-18 | ALIT | Henson Daniel S | Dir | M - OptEx | — | +42.4K | 2.05M | +2% | — |
| DI | 2024-11-21 | 2024-11-18 | ALIT | Henson Daniel S | Dir | D - Sale to Iss | — | -42.4K | 0 | -100% | — |
| DI | 2024-11-21 | 2024-11-18 | ALIT | Henson Daniel S | Dir | M - OptEx | — | -42.4K | 0 | -100% | — |
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 | 2024-11-18 | M | A | 42,411 | — | 2,053,036 | D By Tempo Management, LLC | — | — | (F1) The reported shares of Class A common stock ("Class A Shares") were received upon the exchange of an equal number of Class A units of Alight Holding Company, LLC ("Class A Units" and "Alight Holdings", respectively) for no consideration. (F2) Includes restricted stock units scheduled to vest in the future. |
| 2 | Common | Class V Common Stock | 2024-11-18 | D | D | 42,411 | — | 0 | I | — | — | (F3) The reported shares of Class V common stock ("Class V Shares") were cancelled upon the exchange of Class A Units for no consideration. Class V Shares do not represent economic interests in the Issuer. Except as provided in the Issuer's Certificate of Incorporation or as required by applicable law, holders of Class V Shares are entitled to one vote per share on all matters to be voted on by the Issuer's stockholders generally. Upon exchange of Class A units of Alight Holdings that are held by the reporting person, an equal number of Class V Shares will be cancelled for no consideration. |
| 3 | Derivative | Class A Units | 2024-11-18 | M | D | 42,411 | — | 0 | I By Tempo Management, LLC | — · — to — | 42,411 Class A Common Stock | (F4) Class A Units have no voting rights but are entitled to share in the profits and losses of Alight Holdings. Class A Units held by the reporting persons can be exchanged, up to once per calendar quarter, for an equal number of Class A Shares. Notwithstanding the foregoing, the Issuer is permitted, at its sole discretion, in lieu of delivering Class A Shares for an Class A Units surrendered for exchange, to pay an amount in cash per Class A Unit equal to the 5-day volume weighted average price of the Class A Shares ending on the day such measurement is made. (F1) The reported shares of Class A common stock ("Class A Shares") were received upon the exchange of an equal number of Class A units of Alight Holding Company, LLC ("Class A Units" and "Alight Holdings", respectively) for no consideration. |