Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ALIT | Class A Common Stock | Tax liability | -$320K | -29.6K | -4.73% | $10.81 | 598K | Dec 31, 2021 | Direct | F1, F2 |
holding | ALIT | Class V Common Stock | 56.4K | Dec 31, 2021 | By Tempo Management, LLC | F3 |
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 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 | Includes shares of Class A common stock that are subject to certain transfer, voting, vesting and other restrictions applicable to "Restricted Stock," as set forth in the issuer's 2021 Omnibus Incentive Plan. |
F3 | Shares of Class V common stock do not represent economic interests in the issuer. Except as provided in the issuer's certificate of incorporation or as required by applicable law, holders of Class V common stock will be entitled to one vote per share on all matters to be voted on by the issuer's stockholders generally. Upon exchange of Class A Units of Alight Holding Company, LLC ("Alight Holdings") that are held by the reporting persons, an equal number of shares of the issuer's Class V common stock will be cancelled for no consideration. |
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