4//SEC Filing
CASTLIGHT HEALTH, INC. 4
Accession 0000947871-17-000496
CIK 0001433714operating
Filed
Jun 25, 8:00 PM ET
Accepted
Jun 26, 6:20 PM ET
Size
10.9 KB
Accession
0000947871-17-000496
Insider Transaction Report
Form 4
MAVERICK CAPITAL LTD
10% Owner
Transactions
- Award
Class B Common Stock
2017-06-22+33,735→ 1,221,809 total(indirect: See footnote)
MAVERICK CAPITAL MANAGEMENT LLC
10% Owner
Transactions
- Award
Class B Common Stock
2017-06-22+33,735→ 1,221,809 total(indirect: See footnote)
Warford Andrew Held
10% Owner
Transactions
- Award
Class B Common Stock
2017-06-22+33,735→ 1,221,809 total(indirect: See footnote)
AINSLIE LEE S III
10% Owner
Transactions
- Award
Class B Common Stock
2017-06-22+33,735→ 1,221,809 total(indirect: See footnote)
Footnotes (3)
- [F1]Represents an award of restricted stock units ("RSUs") to David B. Singer. The RSUs will vest in four equal quarterly installments during the first year following the date of grant. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock upon settlement for no consideration.
- [F2]Of the shares of Class B Common Stock ("Shares") reported, 33,735 represent RSUs held by Mr. Singer and 43,750 represent Shares which prior to conversion, were held by Mr. Singer as RSUs, in each case, for the benefit of entities managed by Maverick Capital, Ltd. ("Maverick Capital"). Mr. Singer is an employee of an affiliate of Maverick Capital.
- [F3]Maverick Capital is a registered investment adviser under the Investment Advisers Act of 1940, as amended, and acts as the investment manager for each of the portfolio funds for which Mr. Singer holds the RSUs. Maverick Capital Management, LLC ("Maverick Management") is the general partner of Maverick Capital. Lee S. Ainslie III is the manager of Maverick Management. Andrew H. Warford serves as the Chairman of the Stock Committee of Maverick Capital. Each reporting owner disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.
Documents
Issuer
CASTLIGHT HEALTH, INC.
CIK 0001433714
Entity typeoperating
Related Parties
1- filerCIK 0001433714
Filing Metadata
- Form type
- 4
- Filed
- Jun 25, 8:00 PM ET
- Accepted
- Jun 26, 6:20 PM ET
- Size
- 10.9 KB