4//SEC Filing
CASTLIGHT HEALTH, INC. 4
Accession 0001140361-16-072347
CIK 0001433714operating
Filed
Jul 11, 8:00 PM ET
Accepted
Jul 12, 9:05 PM ET
Size
8.3 KB
Accession
0001140361-16-072347
Insider Transaction Report
Form 4
McCracken John
SVP, World Wide Sales
Transactions
- Award
Employee Stock Option (right to buy)
2016-07-08+200,000→ 200,000 totalExercise: $4.01Exp: 2026-07-07→ Class B Common Stock (200,000 underlying) - Award
Restricted Stock Units
2016-07-08+275,000→ 275,000 totalExercise: $0.00→ Class B Common Stock (275,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.
- [F2]25% of the RSUs will vest on August 16, 2017 and the remainder will vest quarterly over three years thereafter in equal installments. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
- [F3]20% of the shares subject to the option will vest on July 8, 2017. Thereafter, the remaining shares will vest in 36 equal monthly installments upon the completion of each additional consecutive month of service.
Documents
Issuer
CASTLIGHT HEALTH, INC.
CIK 0001433714
Entity typeoperating
Related Parties
1- filerCIK 0001433714
Filing Metadata
- Form type
- 4
- Filed
- Jul 11, 8:00 PM ET
- Accepted
- Jul 12, 9:05 PM ET
- Size
- 8.3 KB