4//SEC Filing
Gupta Neeraj 4
Accession 0001567619-20-000432
CIK 0001433714other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 6:55 PM ET
Size
11.2 KB
Accession
0001567619-20-000432
Insider Transaction Report
Form 4
Gupta Neeraj
EVP, Engineering
Transactions
- Sale
Class B Common Stock
2020-01-02$1.26/sh−6,071$7,666→ 414,563 total - Sale
Class B Common Stock
2020-01-02$1.35/sh−2,500$3,375→ 412,063 total - Exercise/Conversion
Restricted Stock Units (RSU)
2019-12-31−16,667→ 16,666 total→ Class B Common Stock (16,667 underlying) - Exercise/Conversion
Class B Common Stock
2019-12-31+16,667→ 420,634 total
Footnotes (5)
- [F1]Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the release and settlement of the RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.
- [F2]Represents the weighted average sales price per share. The shares sold at prices ranging from $1.25 to $1.27 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.
- [F3]The transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- [F4]Each RSU represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.
- [F5]33.3% of the RSUs will vest on December 31, 2018, 33.3% of the RSUs will vest on December 31, 2019 and the remaining 33.3% of the RSUs will vest on December 31, 2020. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be automatically sold on behalf of the Reporting Person to cover any tax withholding obligations.
Documents
Issuer
CASTLIGHT HEALTH, INC.
CIK 0001433714
Entity typeother
Related Parties
1- filerCIK 0001752737
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 6:55 PM ET
- Size
- 11.2 KB