William P. Foley II - 29 Dec 2021 Form 4 Insider Report for Alight, Inc. / Delaware (ALIT)

Role
Director
Signature
/s/ Michael L. Gravelle, Attorney-in-Fact for William P. Foley, II
Issuer symbol
ALIT
Transactions as of
29 Dec 2021
Net transactions value
-$8,360,951
Form type
4
Filing time
03 Jan 2022, 17:13:58 UTC
Previous filing
22 Dec 2021
Next filing
04 Jan 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIT Class A common stock Other $8,360,951 -773,446 -2.9% $10.81 26,358,720 29 Dec 2021 See notes F1, F2, F3, F5
holding ALIT Class A common stock 356,591 29 Dec 2021 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 William P. Foley, II (the "Reporting Person") is the sole member of Bilcar FT, LLC, which, in turn, is the sole general partner of Bilcar FT, LP ("Bilcar"). The Reporting Person is the managing member of Trasimene Capital Management, LLC. The Reporting Person is also the sole member of Trasimene Capital FT, LLC, which, in turn, is the sole general partner of Trasimene Capital FT, LP ("Trasimene"). Because of the relationships between the Reporting Person and Bilcar FT, LP, Bilcar FT, LLC, Trasimene Capital Management, LLC, Trasimene Capital FT, LP and Trasimene Capital FT, LLC, the Reporting Person may be deemed to beneficially own the securities reported herein to the extent of his pecuniary interests. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any.
F2 Represents a transfer of 773,446 shares of Class A common stock of Alight, Inc. (the "Issuer") by Bilcar FT, LP to Cannae Holdings, LLC, a wholly owned subsidiary of Cannae Holdings, Inc
F3 Represents shares of Class A common stock of the Issuer directly held as follows: 7,366,204 by Bilcar and 18,992,516 by Trasimene.
F4 Includes 100,000 shares of Class A common stock, 250,000 restricted stock units scheduled to vest in approximately three equal installments on December 31, 2021, December 31, 2022 and December 31, 2023, and 6,591 shares of Class A common stock that are subject to certain transfer, voting, vesting and other restrictions applicable to "Restricted Stock," as set forth in the Issuer's 2021 Omnibus Incentive Plan.
F5 Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interest.