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

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.