4//SEC Filing
Colella Giovanni M. 4
Accession 0001140361-17-032746
CIK 0001433714other
Filed
Aug 17, 8:00 PM ET
Accepted
Aug 18, 6:33 PM ET
Size
13.4 KB
Accession
0001140361-17-032746
Insider Transaction Report
Form 4
Colella Giovanni M.
DirectorCEO and Co-Founder10% Owner
Transactions
- Exercise/Conversion
Class B Common Stock
2017-08-16+19,063→ 97,969 total - Other
Class B Common Stock
2017-08-17−19,063→ 78,906 total - Other
Class B Common Stock
2017-08-17+19,063→ 46,808 total(indirect: By Trust) - Sale
Class B Common Stock
2017-08-17$3.67/sh−8,100$29,705→ 38,708 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
2017-08-16−19,063→ 190,625 totalExercise: $0.00→ Class B Common Stock (19,063 underlying)
Footnotes (8)
- [F1]Release and settlement of restricted stock units ("RSUs") granted to the Reporting Person on February 26, 2016, the grant of which was previously reported by the Reporting Person on a Form 4.
- [F2]Re-registration of shares in the name of the Reporting Person's living trust, effecting only a change in the form of beneficial ownership.
- [F3]Reporting Person serves as a co-trustee.
- [F4]Represents the aggregate of sales effected on the same day at different prices.
- [F5]All of these shares were sold to cover taxes and fees due upon the release and settlement of the RSUs.
- [F6]Represents the weighted average sales price per share. The shares sold at prices ranging from $3.50 to $3.875 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- [F7]Each RSU represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.
- [F8]The RSUs vest over 4 years as follows: 25% of the RSUs vested on February 16, 2017 and the remainder will vest on each quarterly anniversary 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.
Documents
Issuer
CASTLIGHT HEALTH, INC.
CIK 0001433714
Entity typeother
Related Parties
1- filerCIK 0001601554
Filing Metadata
- Form type
- 4
- Filed
- Aug 17, 8:00 PM ET
- Accepted
- Aug 18, 6:33 PM ET
- Size
- 13.4 KB