Michael James Rogers - 02 Jul 2024 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
05 Jul 2024, 07:37:16 UTC
Prior SEC filing
12 Mar 2024
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

Michael James Rogers filed Form 4 for Alight, Inc. / Delaware (ALIT) on 05 Jul 2024.

Key facts

  • This page summarizes Michael James Rogers's Form 4 filing for Alight, Inc. / Delaware (ALIT).
  • 6 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 05 Jul 2024, 07:37.

Change

  • Previous filing in this sequence was filed on 12 Mar 2024.
  • 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 non-derivative transactions

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

ALIT transaction

Class A Common Stock

Options Exercise

Transaction value
Shares
+1,549
Change %
+0.35%
Price
Shares after
446,580
Date
02 Jul 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

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

ALIT transaction Derivative

Class B-1 Common Stock

Options Exercise

Transaction value
Shares
+101
Change %
+0.46%
Price
Shares after
21,879
Date
02 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
101
Exercise price
Footnotes
F3, F4
ALIT transaction Derivative

Class B-2 Common Stock

Options Exercise

Transaction value
Shares
+101
Change %
+0.46%
Price
Shares after
21,879
Date
02 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
101
Exercise price
Footnotes
F3, F4
ALIT transaction Derivative

Class Z-A Common Stock

Options Exercise

Transaction value
Shares
-1,549
Change %
-100%
Price
Shares after
0
Date
02 Jul 2024
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,549
Exercise price
Footnotes
F1, F5, F6
ALIT transaction Derivative

Class Z-B-1 Common Stock

Options Exercise

Transaction value
Shares
-102
Change %
-100%
Price
Shares after
0
Date
02 Jul 2024
Ownership
Direct
Underlying class
Class B-1 Common Stock
Underlying amount
102
Exercise price
Footnotes
F4, F6, F7
ALIT transaction Derivative

Class Z-B-2 Common Stock

Options Exercise

Transaction value
Shares
-102
Change %
-100%
Price
Shares after
0
Date
02 Jul 2024
Ownership
Direct
Underlying class
Class B-2 Common Stock
Underlying amount
102
Exercise price
Footnotes
F4, F6, F7
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

The reported shares of Class A common stock ("Class A Shares") were received upon conversion of shares of Class Z-A common stock ("Class Z-A Shares") which vested in connection with the forfeiture of certain unvested Class A Shares held by issuer's management. Fractional vested Class Z-A Shares were settled in cash.

Footnote F2

Includes restricted stock units scheduled to vest in the future.

Footnote F3

Shares of Class B-1 common stock ("Class B-1 Shares") and shares of Class B-2 common stock ("Class B-2 Shares" and, together with Class B-1 Shares, "Class B Shares") do not represent economic interests in the issuer, except for participation together with Class A Shares 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 Shares are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B Shares will automatically convert into Class A Shares on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B vesting events.

Footnote F4

The reported securities were received upon conversion of Class Z-B-1 common stock ("Class Z-B-1 Shares") and shares of Class Z-B-2 common stock ("Class Z-B-2 Shares") which vested in connection with the forfeiture of certain corollary Class B-1 Shares and Class B-2 Shares held by issuer's management. Fractional vested Class Z-B-1 and Class Z-B-2 Shares were settled in cash.

Footnote F5

Class Z-A Shares vest and convert into Class A Shares in connection with the forfeiture of certain corollary unvested Class A Shares held by issuer's management.

Footnote F6

The remaining 6,475.52 Class Z-A Shares, 334.47 Class Z-B-1 Shares and 334.47 Class Z-B-2 Shares previously reported by the Reporting Person were forfeited for no consideration in connection with the vesting of the corollary Class A Shares, Class B-1 Shares and Class B-2 Shares, respectively, that were held by issuer's management.

Footnote F7

Class Z-B-1 Shares and Class Z-B-2 Shares (i) vest and convert into Class B-1 Shares and Class B-2 Shares, respectively, in the event the certain corollary Class B-1 Shares and Class B-2 Shares held by issuer's management are forfeited pursuant to an applicable award agreement or (ii) are forfeited for no consideration in the event that such corollary Class B-1 Shares or Class B-2 Shares vest.

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