Maeve O'Meara - Nov 16, 2021 Form 4 Insider Report for CASTLIGHT HEALTH, INC. (CSLT)

Role
Chief Executive Officer, Director
Signature
/s/ Mary Ahern, as attorney-in-fact
Stock symbol
CSLT
Transactions as of
Nov 16, 2021
Transactions value $
-$175,513
Form type
4
Date filed
11/18/2021, 06:56 PM
Previous filing
Nov 16, 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 +12.5K +0.81% $0.00 1.55M Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +12.5K +0.81% $0.00 1.56M Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +23.1K +1.47% $0.00 1.59M Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +43.1K +2.72% $0.00 1.63M Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +62K +3.8% $0.00 1.69M Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Options Exercise $0 +33.1K +1.96% $0.00 1.72M Nov 16, 2021 Direct
transaction CSLT Class B Common Stock Sale -$176K -99K -5.74% $1.77 1.63M 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 -12.5K -50% $0.00 12.5K Nov 16, 2021 Class B Common Stock 12.5K Direct F3, F4
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -12.5K -33.33% $0.00 25K Nov 16, 2021 Class B Common Stock 12.5K Direct F3, F5
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -23.1K -16.67% $0.00 115K Nov 16, 2021 Class B Common Stock 23.1K Direct F3, F6
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -43.1K -12.5% $0.00 302K Nov 16, 2021 Class B Common Stock 43.1K Direct F3, F7
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -62K -10% $0.00 558K Nov 16, 2021 Class B Common Stock 62K Direct F3, F8
transaction CSLT Restricted Stock Units (RSU) Options Exercise $0 -33.1K -7.14% $0.00 431K Nov 16, 2021 Class B Common Stock 33.1K 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 $1.755 to $1.83 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.