AI assistant
Alight, Inc. / Delaware — Director's Dealing 2024
Jul 5, 2024
31761_dirs_2024-07-05_3a8b8d11-c45d-4403-85f8-c3e718194d55.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Alight, Inc. / Delaware (ALIT)
CIK: 0001809104
Period of Report: 2024-07-02
Reporting Person: Heaton Jeremy J. (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-02 | Class A Common Stock | M | 1936 | — | Acquired | 579304 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-02 | Class B-1 Common Stock | $ | M | 126 | Acquired | Class A Common Stock (126) | Direct | |
| 2024-07-02 | Class B-2 Common Stock | $ | M | 126 | Acquired | Class A Common Stock (126) | Direct | |
| 2024-07-02 | Class Z-A Common Stock | $ | M | 1936.80 | Disposed | Class A Common Stock (1936.800) | Direct | |
| 2024-07-02 | Class Z-B-1 Common Stock | $ | M | 126.92 | Disposed | Class B-1 Common Stock (126.92) | Direct | |
| 2024-07-02 | Class Z-B-2 Common Stock | $ | M | 126.92 | Disposed | Class B-2 Common Stock (126.92) | Direct |
Footnotes
F1: The reported shares of Class A common stock ("Class A Shares") were received upon conversion of shares of Class Z-A common stock ("Class Z-A Shares") which vested in connection with the forfeiture of certain unvested Class A Shares held by issuer's management. Fractional vested Class Z-A Shares were settled in cash.
F2: Includes restricted stock units scheduled to vest in the future.
F3: Shares of Class B-1 common stock ("Class B-1 Shares") and shares of Class B-2 common stock ("Class B-2 Shares" and, together with Class B-1 Shares, "Class B Shares") do not represent economic interests in the issuer, except for participation together with Class A Shares 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 Shares are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B Shares will automatically convert into Class A Shares on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B vesting events.
F4: The reported securities were received upon conversion of Class Z-B-1 common stock ("Class Z-B-1 Shares") and shares of Class Z-B-2 common stock ("Class Z-B-2 Shares") which vested in connection with the forfeiture of certain corollary Class B-1 Shares and Class B-2 Shares held by issuer's management. Fractional vested Class Z-B-1 and Class Z-B-2 Shares were settled in cash.
F5: Class Z-A Shares vest and convert into Class A Shares in connection with the forfeiture of certain corollary unvested Class A Shares held by issuer's management.
F6: The remaining 8,094.20 Class Z-A Shares, 418.08 Class Z-B-1 Shares and 418.08 Class Z-B-2 Shares previously reported by the Reporting Person were forfeited for no consideration in connection with the vesting of the corollary Class A Shares, Class B-1 Shares and Class B-2 Shares, respectively, that were held by issuer's management.
F7: Class Z-B-1 Shares and Class Z-B-2 Shares (i) vest and convert into Class B-1 Shares and Class B-2 Shares, respectively, in the event the certain corollary Class B-1 Shares and Class B-2 Shares held by issuer's management are forfeited pursuant to an applicable award agreement or (ii) are forfeited for no consideration in the event that such corollary Class B-1 Shares or Class B-2 Shares vest.