Daniel S. Henson - Nov 18, 2024 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: Nov 18, 2024
Transactions value $: $0
Form type: 4
Date filed: 11/21/2024, 06:50 AM
Previous filing: Jul 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ALIT	Class A Common Stock	Options Exercise		+42.4K	+2.11%		2.05M	Nov 18, 2024	Direct	F1, F2
transaction	ALIT	Class V Common Stock	Disposed to Issuer		-42.4K	-100%		0	Nov 18, 2024	By Tempo Management, LLC	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 A Units	Options Exercise		-42.4K	-100%		0	Nov 18, 2024	Class A Common Stock	42.4K		By Tempo Management, LLC	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported shares of Class A common stock ("Class A Shares") were received upon the exchange of an equal number of Class A units of Alight Holding Company, LLC ("Class A Units" and "Alight Holdings", respectively) for no consideration.
F2	Includes restricted stock units scheduled to vest in the future.
F3	The reported shares of Class V common stock ("Class V Shares") were cancelled upon the exchange of Class A Units for no consideration. Class V Shares 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 Shares are 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 Holdings that are held by the reporting person, an equal number of Class V Shares will be cancelled for no consideration.
F4	Class A Units have no voting rights but are entitled to share in the profits and losses of Alight Holdings. Class A Units held by the reporting persons can be exchanged, up to once per calendar quarter, for an equal number of Class A Shares. Notwithstanding the foregoing, the Issuer is permitted, at its sole discretion, in lieu of delivering Class A Shares for an Class A Units surrendered for exchange, to pay an amount in cash per Class A Unit equal to the 5-day volume weighted average price of the Class A Shares ending on the day such measurement is made.