William P. Foley II - Mar 31, 2022 Form 4 Insider Report for Alight, Inc. / Delaware (ALIT)

Role
Director
Signature
/s/ Michael L. Gravelle, Attorney-in-Fact for William P. Foley, II
Stock symbol
ALIT
Transactions as of
Mar 31, 2022
Transactions value $
-$1,820,581
Form type
4
Date filed
4/4/2022, 06:07 PM
Previous filing
Mar 31, 2022
Next filing
May 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIT Class A common stock Award $76.5K +7.69K +2.92% $9.95 271K Mar 31, 2022 Direct F1, F2, F3, F6
transaction ALIT Class A common stock Sale -$1.9M -189K -1.45% $10.02 12.9M Mar 31, 2022 See notes F1, F4, F5, F6
* 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 ("Trasimene Capital Management"). The Reporting Person is also the sole member of Trasimene Capital FT, LLC ("Trasimene GP"), 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 and Trasimene GP, 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 shares acquired pursuant to the Reporting Person's election to receive Class A common stock in lieu of cash compensation under the Issuer's 2021 Omnibus Incentive Plan.
F3 Includes 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.
F4 The shares of Class A common stock were sold in multiple transactions at prices ranging from $10.00 to $10.11, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder or the Securities and Exchange Commission upon request, full information regarding the number shares sold at each separate price within the range. This sale as well as sales between March 25, 2022 and March 30, 2022 were made for tax planning and relates only to shares acquired by the Reporting Person at the end of 2021 due to the completed warrant redemption initiated by the Issuer.
F5 Represents shares of Class A common stock of the Issuer directly held as follows: 6,661,426 by Bilcar, 6,041,469 by Trasimene Capital Management and 171,878 by Trasimene GP.
F6 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.