Seth B. Cohen - 10 Jun 2021 Form 4 Insider Report for CASTLIGHT HEALTH, INC.

Role
Director
Signature
/s/ Mary Ahern, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
10 Jun 2021
Net transactions value
$0
Form type
4
Filing time
14 Jun 2021, 20:44:56 UTC
Previous filing
09 Jun 2021
Next filing
01 Jul 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSLT Class B Common Stock Award $0 +70,707 +31% $0.000000 298,612 10 Jun 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of restricted stock units ("RSUs"). 25% of the RSUs will vest on August 16, 2021, and the remaining 75% of the RSUs will vest in 3 equal quarterly installments thereafter beginning on November 16, 2021. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock upon settlement for no consideration.
F2 Consists of (a) 227,905 shares of the Issuer's Class B common stock held by the Reporting Person and (b) 70,707 shares of Class B common stock underlying the RSUs that will vest as noted in footnote (1).