Michael James Rogers - Jul 2, 2024 Form 4 Insider Report for Alight, Inc. / Delaware (ALIT)

Role
Chief Human Resources Officer
Signature
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact
Stock symbol
ALIT
Transactions as of
Jul 2, 2024
Transactions value $
$0
Form type
4
Date filed
7/5/2024, 07:37 AM
Previous filing
Mar 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ALIT Class A Common Stock Options Exercise +1.55K +0.35% 447K Jul 2, 2024 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALIT Class B-1 Common Stock Options Exercise +101 +0.46% 21.9K Jul 2, 2024 Class A Common Stock 101 Direct F3, F4
transaction ALIT Class B-2 Common Stock Options Exercise +101 +0.46% 21.9K Jul 2, 2024 Class A Common Stock 101 Direct F3, F4
transaction ALIT Class Z-A Common Stock Options Exercise -1.55K -100% 0 Jul 2, 2024 Class A Common Stock 1.55K Direct F1, F5, F6
transaction ALIT Class Z-B-1 Common Stock Options Exercise -102 -100% 0 Jul 2, 2024 Class B-1 Common Stock 102 Direct F4, F6, F7
transaction ALIT Class Z-B-2 Common Stock Options Exercise -102 -100% 0 Jul 2, 2024 Class B-2 Common Stock 102 Direct F4, F6, F7

Explanation of Responses:

Id Content
F1 The reported shares of Class A common stock ("Class A Shares") were received upon conversion of shares of Class Z-A common stock ("Class Z-A Shares") which vested in connection with the forfeiture of certain unvested Class A Shares held by issuer's management. Fractional vested Class Z-A Shares were settled in cash.
F2 Includes restricted stock units scheduled to vest in the future.
F3 Shares of Class B-1 common stock ("Class B-1 Shares") and shares of Class B-2 common stock ("Class B-2 Shares" and, together with Class B-1 Shares, "Class B Shares") do not represent economic interests in the issuer, except for participation together with Class A Shares in any dividends or distributions, which amounts will accrue and only become payable upon the occurrence of certain Class B vesting events. Holders of Class B Shares are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B Shares will automatically convert into Class A Shares on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B vesting events.
F4 The reported securities were received upon conversion of Class Z-B-1 common stock ("Class Z-B-1 Shares") and shares of Class Z-B-2 common stock ("Class Z-B-2 Shares") which vested in connection with the forfeiture of certain corollary Class B-1 Shares and Class B-2 Shares held by issuer's management. Fractional vested Class Z-B-1 and Class Z-B-2 Shares were settled in cash.
F5 Class Z-A Shares vest and convert into Class A Shares in connection with the forfeiture of certain corollary unvested Class A Shares held by issuer's management.
F6 The remaining 6,475.52 Class Z-A Shares, 334.47 Class Z-B-1 Shares and 334.47 Class Z-B-2 Shares previously reported by the Reporting Person were forfeited for no consideration in connection with the vesting of the corollary Class A Shares, Class B-1 Shares and Class B-2 Shares, respectively, that were held by issuer's management.
F7 Class Z-B-1 Shares and Class Z-B-2 Shares (i) vest and convert into Class B-1 Shares and Class B-2 Shares, respectively, in the event the certain corollary Class B-1 Shares and Class B-2 Shares held by issuer's management are forfeited pursuant to an applicable award agreement or (ii) are forfeited for no consideration in the event that such corollary Class B-1 Shares or Class B-2 Shares vest.