William Bondurant - Nov 16, 2021 Form 4 Insider Report for CASTLIGHT HEALTH, INC. (CSLT)

Role
Chief Financial Officer
Signature
/s/ Mary Ahern, as attorney-in-fact
Stock symbol
CSLT
Transactions as of
Nov 16, 2021
Transactions value $
-$39,162
Form type
4
Date filed
11/18/2021, 06:51 PM
Previous filing
Aug 17, 2021
Next filing
Feb 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CSLT Class B Common Stock Options Exercise $0 +3.13K +0.98% $0.00 321K Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +1.25K +0.39% $0.00 323K Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +2.81K +0.87% $0.00 325K Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +17.6K +5.41% $0.00 343K Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +18.8K +5.47% $0.00 362K Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +16K +4.43% $0.00 378K Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Sale -$39.2K -22.1K -5.85% $1.77 356K Nov 17, 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 -3.13K -25% $0.00 9.38K Nov 16, 2021 Class B Common Stock 3.13K Direct F3, F4
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -1.25K -25% $0.00 3.75K Nov 16, 2021 Class B Common Stock 1.25K Direct F3, F4
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -2.81K -16.66% $0.00 14.1K Nov 16, 2021 Class B Common Stock 2.81K Direct F3, F5
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -17.6K -11.11% $0.00 141K Nov 16, 2021 Class B Common Stock 17.6K Direct F3, F6
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -18.8K -10% $0.00 169K Nov 16, 2021 Class B Common Stock 18.8K Direct F3, F7
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -16K -7.14% $0.00 208K Nov 16, 2021 Class B Common Stock 16K Direct F3, F8
* 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 $1.755 to $1.835 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 November 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 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.
F6 1/16th of the RSUs vested on February 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.
F7 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.
F8 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.