Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALIT | Class A Common Stock | Award | $0 | +938K | +37.72% | $0.00 | 3.42M | Jan 16, 2024 | Direct | F1, F2 |
transaction | ALIT | Class A Common Stock | Tax liability | -$3.43M | -416K | -12.16% | $8.23 | 3.01M | Jan 16, 2024 | Direct | F2, F3 |
holding | ALIT | Class V Common Stock | 69.6K | Jan 16, 2024 | By Tempo Management, LLC | F4 |
Id | Content |
---|---|
F1 | Shares issued in settlement of performance stock units granted in 2021 which vested at 250% max level based on the achievement of cumulative BPaaS TCV bookings metric over the three fiscal years of 2021, 2022 and 2023. |
F2 | Includes restricted stock units scheduled to vest in the future and 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 | Represents the number of shares withheld to cover federal and state tax liability of the Reporting Person incurred in connection with the vesting of the above-mentioned performance stock units. |
F4 | Shares of Class V common stock do not represent economic interests in the Issuer. Except as provided in the Issuer's Certificate of Incorporation or as required by applicable law, Class V common stock will be entitled to one vote per share on all matters to be voted on by Issuer's stockholders generally. Upon exchange of Class A Units of Alight Holding Company, LLC ("Alight Holdings") that are held by the Reporting Person, an equal number of shares of the Issuer's Class V common stock will be cancelled for no consideration. |
Chief Financial Officer and Chief Operating Officer