William P. Foley II - Jun 30, 2023 Form 4 Insider Report for Alight, Inc. / Delaware (ALIT)

Role
Director
Signature
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact
Stock symbol
ALIT
Transactions as of
Jun 30, 2023
Transactions value $
$0
Form type
4
Date filed
7/5/2023, 04:57 PM
Previous filing
May 12, 2023
Next filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIT Class A Common Stock Award $0 +10.3K +0.2% $0.00 5.17M Jun 30, 2023 Direct F1, F2
transaction ALIT Class A Common Stock Award $0 +16.2K +0.31% $0.00 5.19M Jun 30, 2023 Direct F2, F3
holding ALIT Class A Common Stock 6.83M Jun 30, 2023 See notes F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Quarterly award of shares elected in lieu of cash retainer of $95,625 for services as a member of the Board Directors and granted pursuant to the Issuer's 2021 Omnibus Incentive Plan. The number of shares granted was calculated by dividing the cash retainer by $9.24, the closing price of the Issuer's ordinary shares on June 30, 2023 and rounding down to the next whole share.
F2 Includes restricted stock units scheduled to vest in the future.
F3 Represents restricted stock units granted for annual board service, pursuant to the Issuer's 2021 Omnibus Share Plan, which are scheduled to vest on June 30, 2024.
F4 Represents 171,878 shares of Class A common stock directly held by Trasimene Capital FT, LLC and 6,661,426 shares of Class A common stock directly held by Bilcar FT, LP.
F5 William P. Foley, II (the "Reporting Person") is the sole member of Bilcar FT, LLC, which, in turn, is the sole general partner of Bilcar FT, LP ("Bilcar"). The Reporting Person is also the sole member of Trasimene Capital FT, LLC "Trasimene GP"). Because of the relationships between the Reporting Person and Bilcar, Bilcar FT, LLC, and Trasimene GP, the Reporting Person may be deemed to beneficially own the securities reported herein to the extent of his pecuniary interests. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of his pecuniary interest therein, if any.
F6 Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities in excess of his pecuniary interest.