4//SEC Filing
Wahlstrom Cathinka E 4
Accession 0001209191-23-008414
CIK 0001809104other
Filed
Feb 9, 7:00 PM ET
Accepted
Feb 10, 4:32 PM ET
Size
13.5 KB
Accession
0001209191-23-008414
Insider Transaction Report
Form 4
Wahlstrom Cathinka E
See Remarks
Transactions
- Tax Payment
Class A Common Stock
2023-01-31$9.39/sh−65,754$617,430→ 1,532,908 total - Disposition to Issuer
Class A Common Stock
2023-01-31−118,903→ 1,414,005 total - Disposition to Issuer
Class B-2 Common Stock
2023-01-31−2,304→ 32,723 total→ Class A Common Stock (2,304 underlying) - Disposition to Issuer
Class B-1 Common Stock
2023-01-31−2,304→ 32,723 total→ Class A Common Stock (2,304 underlying)
Footnotes (7)
- [F1]The reported transactions, which followed the Reporting Person's termination of employment and cessation of Section 16 insider status, are being voluntarily reported.
- [F2]Represents the number of shares withheld to cover tax liability incurred upon the accelerated vesting of previously reported Restricted Stock in connection with termination of employment. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person.
- [F3]Represents the number of shares of restricted Class A common stock forfeited in connection with termination of employment.
- [F4]Shares of Class B-1 common stock do not represent economic interests in the issuer, except for participation together with Class A common stock 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-1 common stock are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B-1 common stock will automatically convert into shares of Class A common stock on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B-1 vesting events.
- [F5]Represents the number of shares of restricted Class B-1 common stock forfeited in connection with termination of employment.
- [F6]Shares of Class B-2 common stock do not represent economic interests in the issuer, except for participation together with Class A common stock 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-2 common stock are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B-2 common stock will automatically convert into shares of Class A common stock on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B-2 vesting events.
- [F7]Represents the number of shares of restricted Class B-2 common stock forfeited in connection with termination of employment.
Documents
Issuer
Alight, Inc. / Delaware
CIK 0001809104
Entity typeother
Related Parties
1- filerCIK 0001870602
Filing Metadata
- Form type
- 4
- Filed
- Feb 9, 7:00 PM ET
- Accepted
- Feb 10, 4:32 PM ET
- Size
- 13.5 KB