4//SEC Filing
EBERSMAN DAVID A 4
Accession 0001209191-21-046703
CIK 0001433714other
Filed
Jul 13, 8:00 PM ET
Accepted
Jul 14, 7:19 PM ET
Size
13.9 KB
Accession
0001209191-21-046703
Insider Transaction Report
Form 4
EBERSMAN DAVID A
Director
Transactions
- Exercise/Conversion
Director Stock Option (right to buy)
2021-07-12−260,973→ 0 totalExercise: $0.84Exp: 2021-07-20→ Class A Common Stock (260,973 underlying) - Conversion
Class A Common Stock
2021-07-12−260,973→ 28,571 total→ Class B Common Stock (260,973 underlying) - Exercise/Conversion
Class A Common Stock
2021-07-12+260,973→ 289,544 total→ Class B Common Stock (260,973 underlying) - Conversion
Class B Common Stock
2021-07-12+260,973→ 595,450 total(indirect: By Trust)
Holdings
- 70,707
Class B Common Stock
Footnotes (5)
- [F1]Each share of issuer's Class A Common Stock is convertible at any time at the option of the holder into one (1) share of Class B Common Stock. In addition, each share of Class A Common Stock will convert automatically into one (1) share of Class B Common Stock upon the transfer, whether or not for value, to any transferee who is not a "Permitted Transferee", as defined in the issuer's Restated Certificate of Incorporation in effect as of the date hereof. The shares of Class A Common Stock have no expiration date.
- [F2]Each share of the issuer's Class A Common Stock will convert automatically into one (1) share of Class B Common Stock upon the earliest to occur of the following: (a) the first date on which the number of shares of Class A Common Stock then outstanding is less than 15,340,384 shares, (b) March 19, 2024, or (c) a time and date approved in writing by holders of at least a majority of the then-outstanding shares of Class A Common Stock.
- [F3]334,477 shares previously reported as held directly by the Reporting Person are held by the family trust and are reflected as such in this Form 4.
- [F4]The shares are held by The Ebersman Family Trust UTA dated 5/29/2002 of which the Reporting Person and his wife are co-trustees.
- [F5]The stock option has fully vested and is immediately exercisable.
Documents
Issuer
CASTLIGHT HEALTH, INC.
CIK 0001433714
Entity typeother
Related Parties
1- filerCIK 0001214123
Filing Metadata
- Form type
- 4
- Filed
- Jul 13, 8:00 PM ET
- Accepted
- Jul 14, 7:19 PM ET
- Size
- 13.9 KB