Allison Bassiouni - 01 Jan 2025 Form 3 Insider Report for Alight, Inc. / Delaware (ALIT)

Signature
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact
Issuer symbol
ALIT
Transactions as of
01 Jan 2025
Net transactions value
$0
Form type
3
Filing time
08 Jan 2025, 17:44:30 UTC
Next filing
17 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ALIT Class A Common Stock 45,170 01 Jan 2025 Direct F1
holding ALIT Class A Common Stock 9,574 01 Jan 2025 Spouse 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
holding ALIT Class B-1 Units 01 Jan 2025 Class A Common Stock 546 By Tempo Management, LLC F3
holding ALIT Class B-2 Units 01 Jan 2025 Class A Common Stock 546 By Tempo Management, LLC F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units scheduled to vest in the future.
F2 Represents shares and restricted stock units scheduled to vest in the future held by the Reporting Person's spouse, who is an employee of Alight.
F3 Class B Units will not be entitled to share in any profits or losses of Alight Holdings and will have no voting rights or rights to distributions. Class B Units will vest and automatically convert into an equal number of Class A Units as follows: (i) the Class B-1 Units will vest upon the occurrence of a Class B-1 vesting event and (ii) the Class B-2 Units will vest upon the occurrence of a Class B-2 vesting event. Upon the conversion of a Class B Unit, the holder of such Class B Unit will be entitled to receive a payment (a "Dividend Catch-Up Payment") equal to the aggregate amount of distributions paid per Class A Unit (excluding tax distributions) from July 2, 2021 and ending on the day prior to the date on which such Class B Unit converts into a Class A Unit. If any of the Class B Units do not vest on or before July 2, 2028, such units will be automatically forfeited and cancelled for no consideration, and will not be entitled to receive any Dividend Catch-Up Payments.