Cathinka E. Wahlstrom - Jan 31, 2023 Form 4 Insider Report for Alight, Inc. / Delaware (ALIT)

Role
Officer
Signature
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact
Stock symbol
ALIT
Transactions as of
Jan 31, 2023
Transactions value $
-$617,430
Form type
4
Date filed
2/10/2023, 03:32 PM
Previous filing
Jan 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIT Class A Common Stock Tax liability -$617K -65.8K -4.11% $9.39 1.53M Jan 31, 2023 Direct F1, F2
transaction ALIT Class A Common Stock Disposed to Issuer $0 -119K -7.76% $0.00 1.41M Jan 31, 2023 Direct F1, F3

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 ALIT Class B-1 Common Stock Disposed to Issuer $0 -2.3K -6.58% $0.00 32.7K Jan 31, 2023 Class A Common Stock 2.3K Direct F1, F4, F5
transaction ALIT Class B-2 Common Stock Disposed to Issuer $0 -2.3K -6.58% $0.00 32.7K Jan 31, 2023 Class A Common Stock 2.3K Direct F1, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Cathinka E. Wahlstrom is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The reported transactions, which followed the Reporting Person's termination of employment and cessation of Section 16 insider status, are being voluntarily reported.
F2 Represents the number of shares withheld to cover tax liability incurred upon the accelerated vesting of previously reported Restricted Stock in connection with termination of employment. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person.
F3 Represents the number of shares of restricted Class A common stock forfeited in connection with termination of employment.
F4 Shares of Class B-1 common stock do not represent economic interests in the issuer, except for participation together with Class A common stock in any dividends or distributions, which amounts will accrue and only become payable upon the occurrence of certain Class B vesting events. Holders of Class B-1 common stock are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B-1 common stock will automatically convert into shares of Class A common stock on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B-1 vesting events.
F5 Represents the number of shares of restricted Class B-1 common stock forfeited in connection with termination of employment.
F6 Shares of Class B-2 common stock do not represent economic interests in the issuer, except for participation together with Class A common stock in any dividends or distributions, which amounts will accrue and only become payable upon the occurrence of certain Class B vesting events. Holders of Class B-2 common stock are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B-2 common stock will automatically convert into shares of Class A common stock on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B-2 vesting events.
F7 Represents the number of shares of restricted Class B-2 common stock forfeited in connection with termination of employment.