Maeve O'Meara - 16 Aug 2021 Form 4 Insider Report for CASTLIGHT HEALTH, INC.

Role
Chief Executive Officer, Director
Signature
/s/ Mary Ahern, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
16 Aug 2021
Net transactions value
-$170,887
Form type
4
Filing time
17 Aug 2021, 20:01:15 UTC
Previous filing
18 May 2021
Next filing
08 Oct 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 Options Exercise $0 +12,500 +0.86% $0.000000 1,459,891 16 Aug 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +12,500 +0.86% $0.000000 1,472,391 16 Aug 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +23,063 +1.6% $0.000000 1,495,454 16 Aug 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +43,104 +2.9% $0.000000 1,538,558 16 Aug 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +62,000 +4% $0.000000 1,600,558 16 Aug 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +33,125 +2.1% $0.000000 1,633,683 16 Aug 2021 Direct
transaction CSLT Class B Common Stock Sale $170,887 -99,975 -6.1% $1.71 1,533,708 17 Aug 2021 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 CSLT Restricted Stock Units (RSU) Options Exercise $0 -12,500 -33% $0.000000 25,000 16 Aug 2021 Class B Common Stock 12,500 Direct F3, F4
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -12,500 -25% $0.000000 37,500 16 Aug 2021 Class B Common Stock 12,500 Direct F3, F5
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -23,063 -14% $0.000000 138,375 16 Aug 2021 Class B Common Stock 23,063 Direct F3, F6
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -43,104 -11% $0.000000 344,828 16 Aug 2021 Class B Common Stock 43,104 Direct F3, F7
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -62,000 -9.1% $0.000000 620,000 16 Aug 2021 Class B Common Stock 62,000 Direct F3, F8
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -33,125 -6.7% $0.000000 463,750 16 Aug 2021 Class B Common Stock 33,125 Direct F3, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the release and settlement of the RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.
F2 Represents the weighted average sales price per share. The shares sold at prices ranging from $1.665 to $1.815 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
F3 Each RSU represents a contingent right to receive one (1) share of the Class B Common Stock upon settlement for no consideration.
F4 1/16th of the RSUs vested on February 16, 2018, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
F5 1/16th of the RSUs vested on August 16, 2018, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
F6 1/16th of the RSUs vested on May 16, 2019, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
F7 1/16th of the RSUs vested on November 16, 2019, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
F8 1/16th of the RSUs vested on May 16, 2020, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
F9 1/16th of the RSUs vested on May 16, 2021, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.