Key facts
- This page summarizes Daniel S. Henson's Form 4 filing for Alight, Inc. / Delaware (ALIT).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Nov 2024, 06:50.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Disposed to Issuer
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
Footnote 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.
Footnote F2
Includes restricted stock units scheduled to vest in the future.
Footnote 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.
Footnote 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.