William P. Foley II - Sep 30, 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
Sep 30, 2022
Transactions value $
$95,627
Form type
4
Date filed
10/4/2022, 04:18 PM
Previous filing
Sep 9, 2022
Next filing
Nov 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIT Class A Common Stock Award $95.6K +13K +0.25% $7.33 5.14M Sep 30, 2022 Direct F1, F2, F3, F4
holding ALIT Class A Common Stock 6.83M Sep 30, 2022 See Notes F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. Quarterly award of Class A common stock elected in lieu of cash retainer of $95,625 for services as a member of the Board of Directors and granted pursuant to the issuer's 2021 Omnibus Incentive Plan. The number of shares granted was calculated by dividing the cash retainer by $7.33, the closing price of the issuer's ordinary shares on September 30, 2022 and rounding down to the next whole share.
F2 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.
F3 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 also the sole member of Trasimene Capital FT, LLC ("Trasimene GP"). Because of the relationships between the Reporting Person and Bilcar FT, LP, Bilcar FT, LLC, 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.
F4 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.
F5 Represents shares of Class A common stock of the Issuer directly held as follows: 6,661,426 by Bilcar and 171,878 by Trasimene GP.