Hugh R. Harris - 02 Jul 2021 Form 4 Insider Report for Alight Group, Inc. (ALIT)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
07 Jul 2021, 19:24:19 UTC
Next SEC filing
15 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Michael L. Gravelle, Attorney-in-Fact for Hugh R. Harris

Key filing fact

Hugh R. Harris filed Form 4 for Alight Group, Inc. (ALIT) on 07 Jul 2021.

Key facts

  • This page summarizes Hugh R. Harris's Form 4 filing for Alight Group, Inc. (ALIT).
  • 2 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 07 Jul 2021, 19:24.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ALIT transaction Derivative

Class B common stock

Disposed to Issuer

Transaction value
Shares
-2,500
Change %
-10%
Price
Shares after
22,500
Date
02 Jul 2021
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
2,500
Exercise price
Footnotes
F1, F2
ALIT transaction Derivative

Class B common stock

Disposed to Issuer

Transaction value
Shares
-22,500
Change %
-100%
Price
Shares after
0
Date
02 Jul 2021
Ownership
Direct
Underlying class
Class A common stock
Underlying amount
22,500
Exercise price
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Hugh R. Harris is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Prior to the closing of the Business Combination (as defined below), the shares of Class B common stock of Foley Trasimene Acquisition Corp. ("FTAC") had no expiration date and were convertible into shares of FTAC Class A common stock, par value $0.0001 per share, as described under the heading "Description of Securities-Founder Shares" in FTAC's registration statement on Form S-1 (File No. 333-238135).

Footnote F2

Represents shares of Class B common stock forfeited and surrendered to FTAC immediately prior to the closing of the Business Combination (as defined below) pursuant to that certain Amended and Restated Sponsor Agreement, dated as of January 25, 2021, by and among FTAC , Alight, Inc. ("Alight"), Tempo Holding Company, LLC ("Tempo"), the Reporting Person and certain other parties thereto.

Footnote F3

On July 2, 2021, in connection with the consummation of the business combination (the "Business Combination") among FTAC, Alight and Tempo, pursuant to that certain Amended and Restated Business Combination Agreement, dated April 29, 2021, by and among Alight, FTAC, Tempo and certain other parties thereto, each share of Class B common stock of FTAC held by the Reporting Person automatically converted into one share of Class A common stock of Alight.

SEC remarks

As of July 2, 2021, in connection with the consummation of the Business Combination, Alight became the successor issuer to FTAC (in each case, as defined in this report), and the Reporting Person resigned from the FTAC board of directors.

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