4//SEC Filing
Rogers Michael James 4
Accession 0000950170-24-081779
CIK 0001809104other
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 7:37 AM ET
Size
17.9 KB
Accession
0000950170-24-081779
Insider Transaction Report
Form 4
Rogers Michael James
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Class Z-A Common Stock
2024-07-02−1,549.48→ 0 total→ Class A Common Stock (1,549.48 underlying) - Exercise/Conversion
Class B-1 Common Stock
2024-07-02+101→ 21,879 total→ Class A Common Stock (101 underlying) - Exercise/Conversion
Class Z-B-2 Common Stock
2024-07-02−101.53→ 0 total→ Class B-2 Common Stock (101.53 underlying) - Exercise/Conversion
Class B-2 Common Stock
2024-07-02+101→ 21,879 total→ Class A Common Stock (101 underlying) - Exercise/Conversion
Class Z-B-1 Common Stock
2024-07-02−101.53→ 0 total→ Class B-1 Common Stock (101.53 underlying) - Exercise/Conversion
Class A Common Stock
2024-07-02+1,549→ 446,580 total
Footnotes (7)
- [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 6,475.52 Class Z-A Shares, 334.47 Class Z-B-1 Shares and 334.47 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.
Documents
Issuer
Alight, Inc. / Delaware
CIK 0001809104
Entity typeother
Related Parties
1- filerCIK 0001870604
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 7:37 AM ET
- Size
- 17.9 KB