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Alight, Inc. / Delaware — Director's Dealing 2024
Jan 18, 2024
31761_dirs_2024-01-18_58c50fa5-3a13-4c85-bee0-936d3c1e9a1b.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Alight, Inc. / Delaware (ALIT)
CIK: 0001809104
Period of Report: 2024-01-16
Reporting Person: Tulsiani Dinesh V (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-16 | Class A Common Stock | A | 478125 | $0.00 | Acquired | 950757 | Direct |
| 2024-01-16 | Class A Common Stock | F | 212743 | $8.23 | Disposed | 738014 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class V Common Stock | 82945 | Indirect |
Footnotes
F1: Shares issued in settlement of performance stock units granted in 2021 which vested at 250% max level based on the achievement of cumulative BPaaS TCV bookings metric over the three fiscal years of 2021, 2022 and 2023.
F2: Includes restricted stock units scheduled to vest in the future and shares of Class A common stock that are subject to certain transfer, voting, vesting and other restrictions applicable to "Restricted Stock," as set forth in the issuer's 2021 Omnibus Incentive Plan.
F3: Represents the number of shares withheld to cover federal and state tax liability for the Reporting Person incurred in connection with the vesting of the above-mentioned performance stock units.
F4: Shares of Class V common stock do not represent economic interests in the Issuer. Except as provided in the Issuer's Certificate of Incorporation or as required by applicable law, Class V common stock will be entitled to one vote per share on all matters to be voted on by Issuer's stockholders generally. Upon exchange of Class A Units of Alight Holding Company, LLC ("Alight Holdings") that are held by the reporting person, an equal number of shares of the Issuer's Class V common stock will be cancelled for no consideration.