Henson Daniel S 4
4 · Alight, Inc. / Delaware · Filed Nov 21, 2024
Insider Transaction Report
Form 4
Henson Daniel S
Director
Transactions
- Exercise/Conversion
Class A Common Stock
2024-11-18+42,411→ 2,053,036 total - Exercise/Conversion
Class A Units
2024-11-18−42,411→ 0 total(indirect: By LLC)→ Class A Common Stock (42,411 underlying) - Disposition to Issuer
Class V Common Stock
2024-11-18−42,411→ 0 total(indirect: By LLC)
Footnotes (4)
- [F1]The reported shares of Class A common stock ("Class A Shares") were received upon the exchange of an equal number of Class A units of Alight Holding Company, LLC ("Class A Units" and "Alight Holdings", respectively) for no consideration.
- [F2]Includes restricted stock units scheduled to vest in the future.
- [F3]The reported shares of Class V common stock ("Class V Shares") were cancelled upon the exchange of Class A Units for no consideration. Class V Shares do not represent economic interests in the Issuer. Except as provided in the Issuer's Certificate of Incorporation or as required by applicable law, holders of Class V Shares are entitled to one vote per share on all matters to be voted on by the Issuer's stockholders generally. Upon exchange of Class A units of Alight Holdings that are held by the reporting person, an equal number of Class V Shares will be cancelled for no consideration.
- [F4]Class A Units have no voting rights but are entitled to share in the profits and losses of Alight Holdings. Class A Units held by the reporting persons can be exchanged, up to once per calendar quarter, for an equal number of Class A Shares. Notwithstanding the foregoing, the Issuer is permitted, at its sole discretion, in lieu of delivering Class A Shares for an Class A Units surrendered for exchange, to pay an amount in cash per Class A Unit equal to the 5-day volume weighted average price of the Class A Shares ending on the day such measurement is made.