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

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
10 Feb 2023, 15:32:58 UTC
Prior SEC filing
18 Jan 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact

Key filing fact

Cathinka E. Wahlstrom filed Form 4 for Alight, Inc. / Delaware (ALIT) on 10 Feb 2023.

Key facts

  • This page summarizes Cathinka E. Wahlstrom's Form 4 filing for Alight, Inc. / Delaware (ALIT).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 10 Feb 2023, 15:32.

Change

  • Previous filing in this sequence was filed on 18 Jan 2023.
  • Current net transaction value: -$617,430.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ALIT transaction

Class A Common Stock

Tax liability

Transaction value
$617,430
Shares
-65,754
Change %
-4.1%
Price
$9.39
Shares after
1,532,908
Date
31 Jan 2023
Ownership
Direct
Footnotes
F1, F2
ALIT transaction

Class A Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-118,903
Change %
-7.8%
Price
$0.000000
Shares after
1,414,005
Date
31 Jan 2023
Ownership
Direct
Footnotes
F1, F3

Reported derivative securities

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

ALIT transaction Derivative

Class B-1 Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-2,304
Change %
-6.6%
Price
$0.000000
Shares after
32,723
Date
31 Jan 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,304
Exercise price
Footnotes
F1, F4, F5
ALIT transaction Derivative

Class B-2 Common Stock

Disposed to Issuer

Transaction value
$0
Shares
-2,304
Change %
-6.6%
Price
$0.000000
Shares after
32,723
Date
31 Jan 2023
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
2,304
Exercise price
Footnotes
F1, F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Cathinka E. Wahlstrom is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 7 footnotes

Footnote F1

The reported transactions, which followed the Reporting Person's termination of employment and cessation of Section 16 insider status, are being voluntarily reported.

Footnote 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.

Footnote F3

Represents the number of shares of restricted Class A common stock forfeited in connection with termination of employment.

Footnote 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.

Footnote F5

Represents the number of shares of restricted Class B-1 common stock forfeited in connection with termination of employment.

Footnote 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.

Footnote F7

Represents the number of shares of restricted Class B-2 common stock forfeited in connection with termination of employment.

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