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

Role
Chief Financial Officer
Signature
/s/ Mary Ahern, as attorney-in-fact
Issuer symbol
N/A
Transactions as of
16 Nov 2021
Net transactions value
-$39,162
Form type
4
Filing time
18 Nov 2021, 18:51:21 UTC
Previous filing
17 Aug 2021
Next filing
18 Feb 2022
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 +3,125 +0.98% $0.000000 321,326 16 Nov 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +1,250 +0.39% $0.000000 322,576 16 Nov 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +2,812 +0.87% $0.000000 325,388 16 Nov 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +17,606 +5.4% $0.000000 342,994 16 Nov 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +18,750 +5.5% $0.000000 361,744 16 Nov 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +16,031 +4.4% $0.000000 377,775 16 Nov 2021 Direct
transaction CSLT Class B Common Stock Sale $39,162 -22,114 -5.9% $1.77 355,661 17 Nov 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 -3,125 -25% $0.000000 9,375 16 Nov 2021 Class B Common Stock 3,125 Direct F3, F4
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -1,250 -25% $0.000000 3,750 16 Nov 2021 Class B Common Stock 1,250 Direct F3, F4
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -2,812 -17% $0.000000 14,063 16 Nov 2021 Class B Common Stock 2,812 Direct F3, F5
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -17,606 -11% $0.000000 140,846 16 Nov 2021 Class B Common Stock 17,606 Direct F3, F6
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -18,750 -10% $0.000000 168,750 16 Nov 2021 Class B Common Stock 18,750 Direct F3, F7
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -16,031 -7.1% $0.000000 208,407 16 Nov 2021 Class B Common Stock 16,031 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.