Filing Details
- Accession Number:
- 0001193125-22-287820
- Form Type:
- 13D Filing
- Publication Date:
- 2022-11-16 19:00:00
- Filed By:
- Blackstone Holdings Iii L.p.
- Company:
- Alight Inc. / Delaware (NYSE:ALIT)
- Filing Date:
- 2022-11-17
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Blackstone Capital Partners VII NQ | 0 | 43,102,901 | 0 | 43,102,901 | 43,102,901 | 8.4% |
BCP VII SBS Holdings | 0 | 161,715 | 0 | 161,715 | 161,715 | Less than 0.1% |
Blackstone Family Investment Partnership VII - ESC NQ | 0 | 466,064 | 0 | 466,064 | 466,064 | 0.1% |
BTAS NQ Holdings | 0 | 4,970,437 | 0 | 4,970,437 | 4,970,437 | 1.0% |
Blackstone Capital Partners VII (IPO) NQ | 0 | 48,659,181 | 0 | 48,659,181 | 48,659,181 | 10.3% |
Blackstone Management Associates VII NQ | 0 | 91,762,082 | 0 | 91,762,082 | 91,762,082 | 17.9% |
BMA VII NQ | 0 | 91,762,082 | 0 | 91,762,082 | 91,762,082 | 17.9% |
Blackstone Holdings II | 0 | 97,198,583 | 0 | 97,198,583 | 97,198,583 | 18.7% |
Blackstone Side-by-Side Umbrella Partnership | 0 | 161,715 | 0 | 161,715 | 161,715 | Less than 0.1% |
Blackstone Side-by-Side Umbrella GP | 0 | 161,715 | 0 | 161,715 | 161,715 | Less than 0.1% |
Blackstone Holdings III | 0 | 161,715 | 0 | 161,715 | 161,715 | Less than 0.1% |
Blackstone Holdings III GP | 0 | 161,715 | 0 | 161,715 | 161,715 | Less than 0.1% |
Blackstone Holdings III GP Management | 0 | 161,715 | 0 | 161,715 | 161,715 | Less than 0.1% |
BCP VII Side-by-Side GP NQ | 0 | 466,064 | 0 | 466,064 | 466,064 | 0.1% |
BTAS Associates-NQ | 0 | 4,970,437 | 0 | 4,970,437 | 4,970,437 | 1.0% |
Blackstone Holdings I II GP | 0 | 97,198,583 | 0 | 97,198,583 | 97,198,583 | 18.7% |
Blackstone Inc | 0 | 97,360,298 | 0 | 97,360,298 | 97,360,298 | 18.8% |
Blackstone Group Management | 0 | 97,360,298 | 0 | 97,360,298 | 97,360,298 | 18.8% |
Stephen A. Schwarzman | 0 | 97,360,298 | 0 | 97,360,298 | 97,360,298 | 18.8% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Alight, Inc.
(Name of Issuer)
Class A common stock, par value $0.0001 per share
(Title of Class of Securities)
01626W101
(CUSIP Number)
John G. Finley
Blackstone Inc.
345 Park Avenue
New York, New York 10154
Tel: (212) 583-5000
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
November 14, 2022
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ☐
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
* | The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. |
The information required on the remainder of this cover page shall not be deemed to be filed for the purpose of Section 18 of the Securities Exchange Act of 1934 (Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP No. 01626W101 | 13D/A | Page 2 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Capital Partners VII NQ L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
43,102,901 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
43,102,901 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
43,102,901 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.4% | |||||
14 | TYPE OF REPORTING PERSON
PN |
2
CUSIP No. 01626W101 | 13D/A | Page 3 of 27 |
1 | NAMES OF REPORTING PERSONS
BCP VII SBS Holdings L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
161,715 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
161,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
161,715 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% | |||||
14 | TYPE OF REPORTING PERSON
OO |
3
CUSIP No. 01626W101 | 13D/A | Page 4 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Family Investment Partnership VII - ESC NQ L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
466,064 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
466,064 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
466,064 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1% | |||||
14 | TYPE OF REPORTING PERSON
PN |
4
CUSIP No. 01626W101 | 13D/A | Page 5 of 27 |
1 | NAMES OF REPORTING PERSONS
BTAS NQ Holdings L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
4,970,437 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
4,970,437 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,970,437 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.0% | |||||
14 | TYPE OF REPORTING PERSON
OO |
5
CUSIP No. 01626W101 | 13D/A | Page 6 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Capital Partners VII (IPO) NQ L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
48,659,181 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
48,659,181 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
48,659,181 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
10.3% | |||||
14 | TYPE OF REPORTING PERSON
PN |
6
CUSIP No. 01626W101 | 13D/A | Page 7 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Management Associates VII NQ L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
91,762,082 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
91,762,082 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
91,762,082 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.9% | |||||
14 | TYPE OF REPORTING PERSON
OO |
7
CUSIP No. 01626W101 | 13D/A | Page 8 of 27 |
1 | NAMES OF REPORTING PERSONS
BMA VII NQ L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
91,762,082 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
91,762,082 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
91,762,082 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
17.9% | |||||
14 | TYPE OF REPORTING PERSON
OO |
8
CUSIP No. 01626W101 | 13D/A | Page 9 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Holdings II L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
97,198,583 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
97,198,583 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,198,583 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.7% | |||||
14 | TYPE OF REPORTING PERSON
PN |
9
CUSIP No. 01626W101 | 13D/A | Page 10 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Side-by-Side Umbrella Partnership L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
161,715 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
161,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
161,715 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% | |||||
14 | TYPE OF REPORTING PERSON
PN |
10
CUSIP No. 01626W101 | 13D/A | Page 11 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Side-by-Side Umbrella GP L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
161,715 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
161,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
161,715 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% | |||||
14 | TYPE OF REPORTING PERSON
OO |
11
CUSIP No. 01626W101 | 13D/A | Page 12 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Holdings III L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Quebec, Canada |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
161,715 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
161,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
161,715 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% | |||||
14 | TYPE OF REPORTING PERSON
PN |
12
CUSIP No. 01626W101 | 13D/A | Page 13 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Holdings III GP L.P. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
161,715 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
161,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
161,715 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% | |||||
14 | TYPE OF REPORTING PERSON
PN |
13
CUSIP No. 01626W101 | 13D/A | Page 14 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Holdings III GP Management L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
161,715 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
161,715 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
161,715 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 0.1% | |||||
14 | TYPE OF REPORTING PERSON
OO |
14
CUSIP No. 01626W101 | 13D/A | Page 15 of 27 |
1 | NAMES OF REPORTING PERSONS
BCP VII Side-by-Side GP NQ L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
466,064 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
466,064 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
466,064 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0.1% | |||||
14 | TYPE OF REPORTING PERSON
OO |
15
CUSIP No. 01626W101 | 13D/A | Page 16 of 27 |
1 | NAMES OF REPORTING PERSONS
BTAS Associates-NQ L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
4,970,437 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
4,970,437 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,970,437 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.0% | |||||
14 | TYPE OF REPORTING PERSON
OO |
16
CUSIP No. 01626W101 | 13D/A | Page 17 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Holdings I/II GP L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
97,198,583 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
97,198,583 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,198,583 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.7% | |||||
14 | TYPE OF REPORTING PERSON
OO |
17
CUSIP No. 01626W101 | 13D/A | Page 18 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Inc. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
97,360,298 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
97,360,298 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,360,298 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.8% | |||||
14 | TYPE OF REPORTING PERSON
CO |
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CUSIP No. 01626W101 | 13D/A | Page 19 of 27 |
1 | NAMES OF REPORTING PERSONS
Blackstone Group Management L.L.C. | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
97,360,298 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
97,360,298 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,360,298 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.8% | |||||
14 | TYPE OF REPORTING PERSON
OO |
19
CUSIP No. 01626W101 | 13D/A | Page 20 of 27 |
1 | NAMES OF REPORTING PERSONS
Stephen A. Schwarzman | |||||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
3 | SEC USE ONLY
| |||||
4 | SOURCE OF FUNDS
OO | |||||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
☐ | |||||
6 | CITIZENSHIP OR PLACE OF ORGANIZATION
United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
| 7 | SOLE VOTING POWER
0 | ||||
8 | SHARED VOTING POWER
97,360,298 | |||||
9 | SOLE DISPOSITIVE POWER
0 | |||||
10 | SHARED DISPOSITIVE POWER
97,360,298 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
97,360,298 | |||||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES
☒ | |||||
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
18.8% | |||||
14 | TYPE OF REPORTING PERSON
IN |
20
CUSIP No. 01626W101 | 13D/A | Page 21 of 27 |
This Amendment No. 1 (Amendment No. 1) to Schedule 13D relates to the Class A common stock, par value $0.0001 per share (the Class A Common Stock) of Alight, Inc. (the Issuer or Alight), and amends and supplements the initial statement on Schedule 13D filed on July 12, 2021 (as amended by Amendment No. 1, the Schedule 13D). The address of the principal executive office of the Issuer is 4 Overlook Point, Lincolnshire, Illinois 60069. Except as specifically provided herein, this Amendment No. 1 does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used but not defined in this Amendment No. 1 shall have the same meanings ascribed to them in the Schedule 13D.
Item 2. Identity and Background.
Item 2 of the Schedule 13D is hereby amended by incorporating herein by reference the information set forth on the updated Schedule 1 attached hereto. In addition, The Blackstone Group Inc. has changed its name to Blackstone Inc. and all references in the Schedule 13D shall hereby be deemed amended accordingly.
Item 4. Purpose of Transaction.
Item 4 of the Schedule 13D is hereby amended and supplemented by adding the following:
On November 14, 2022, in connection with a registered secondary public offering (the Secondary Offering) of Class A Common Stock, Blackstone Capital Partners VII (IPO) NQ L.P., Blackstone Capital Partners VII NQ L.P., BCP VII SBS Holdings L.L.C., Blackstone Family Investment Partnership VII ESC NQ L.P., BTAS NQ Holdings L.L.C. (collectively, the Blackstone Selling Stockholders) and certain other selling stockholders, the Issuer, Alight Holding Company, LLC and the underwriters party thereto (the Underwriters), entered into an underwriting agreement (the Underwriting Agreement) pursuant to which the Blackstone Selling Stockholders agreed to sell to the Underwriters, and the Underwriters agreed to purchase from the Blackstone Selling Stockholders, subject to and upon the terms and conditions set forth therein, 10,569,279 shares of Class A Common Stock at a price to the public of $7.75 per share. The Blackstone Selling Stockholders also granted the Underwriters a 30-day option (the Over-allotment Option) to purchase up to 1,585,392 shares of Class A Common Stock at a price to the public of $7.75 per share, with net proceeds to the Blackstone Selling Stockholders of $7.459375 per share. The Underwriters exercised their Over-allotment Option on November 15, 2022, and the Blackstone Selling Stockholders completed the Secondary Offering on November 17, 2022.
Pursuant to the Underwriting Agreement, each of the Blackstone Selling Stockholders, amongst others, has entered into a lock-up agreement (the Lock-Up Agreement) with the Underwriters pursuant to which each has agreed with the Underwriters, subject to limited exceptions (including transfers to affiliates and pledges in connection with margin loans), not to, amongst other things, offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any shares of Class A Common Stock, or any securities convertible into or exercisable or exchangeable for Class A Common Stock for a period ending at the close of business 75 days from November 14, 2022. The foregoing descriptions of the Underwriting Agreement and the Lock-Up Agreement set forth in this Item 4 do not purport to be complete and are qualified in their entirety by reference to the full text of the Underwriting Agreement, which has been filed as Exhibit G hereto, and the Lock-Up Agreements, a form of which has been filed as Exhibit H hereto, and both of which are incorporated herein by reference.
Item 5. Interest in Securities of the Issuer.
Items 5 (a)-(c) of the Schedule 13D are hereby amended and restated as follows:
(a) and (b) Calculations of the percentage of the shares of Class A Common Stock beneficially owned assumes that there were 470,434,662 shares of Class A Common Stock outstanding, calculated based on 464,365,807 shares of Class A Common Stock outstanding as of October 31, 2022, as reported in the Issuers quarterly report on Form 10-Q, filed by the Issuer with the Securities and Exchange Commission on November 3, 2022 and 6,068,855 shares of Class A Common Stock outstanding upon the occurrence of conversions of Class A Units by certain of the Blackstone Selling Stockholders in connection with the Secondary Offering, and, for each
21
CUSIP No. 01626W101 | 13D/A | Page 22 of 27 |
Reporting Person, takes into account shares of Class A Common Stock underlying Class A Units held or beneficially owned by such Reporting Person.
The aggregate number and percentage of the Class A Common Stock beneficially owned by each Reporting Person and, for each Reporting Person, the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows 7 through 11 and row 13 of the cover pages of this Schedule 13D and are incorporated herein by reference.
The number of shares of Class A Common Stock, Class V Common Stock and Class A Units currently held by each of the Blackstone Funds is set forth in the table below.
Blackstone Fund | Class A Common Stock | Class V Common Stock | Number of Class A Units | |||||||||
Blackstone Capital Partners VII NQ L.P. | 78,682 | 43,024,219 | 43,024,219 | |||||||||
BCP VII SBS Holdings L.L.C. | 295 | 161,420 | 161,420 | |||||||||
Blackstone Family Investment Partnership VII ESC NQ L.P. | 851 | 465,213 | 465,213 | |||||||||
BTAS NQ Holdings L.L.C. | 9,073 | 4,961,364 | 4,961,364 | |||||||||
Blackstone Capital Partners VII (IPO) NQ L.P. | 48,659,181 |
The general partner of each of Blackstone Capital Partners VII NQ L.P. and Blackstone Capital Partners VII (IPO) NQ L.P. is Blackstone Management Associates VII NQ L.L.C., the sole member of which is BMA VII NQ L.L.C., the managing member of which is Blackstone Holdings II L.P.
The sole member of BCP VII SBS Holdings L.L.C. is Blackstone Side-by-Side Umbrella Partnership L.P., the general partner of which is Blackstone Side-by-Side Umbrella GP L.L.C., the sole member of which is Blackstone Holdings III L.P., the general partner of which is Blackstone Holdings III GP L.P., the general partner of which is Blackstone Holdings III GP Management L.L.C.
The general partner of Blackstone Family Investment Partnership VII ESC NQ L.P. is BCP VII Side-by-Side GP NQ L.L.C., the sole member of which is Blackstone Holdings II L.P.
The managing member of BTAS NQ Holdings L.L.C. is BTAS Associates-NQ L.L.C., the managing member of which is Blackstone Holdings II L.P.
The general partner of Blackstone Holdings II L.P. is Blackstone Holdings I/II GP L.L.C. Blackstone Inc. is the sole member of each of Blackstone Holdings I/II GP L.L.C. and Blackstone Holdings III GP Management L.L.C. Blackstone Group Management L.L.C. is the sole holder of the Series II Preferred Stock of Blackstone Inc. Blackstone Group Management L.L.C. is wholly-owned by Blackstone Inc.s senior managing directors and controlled by its founder, Stephen A. Schwarzman.
Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission that any Reporting Person is the beneficial owner of the Class A Common Stock referred to herein for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, or for any other purpose and each of the Reporting Persons expressly disclaims beneficial ownership of such shares of Class A Common Stock.
(c) The Blackstone Funds converted Class A Units and sold shares of Class A Common Stock pursuant to the Underwriting Agreement on November 17, 2022 at a price to the public of $7.75 and a net price to the Blackstone Funds of $7.459375 per share in the amounts as follows:
22
CUSIP No. 01626W101 | 13D/A | Page 23 of 27 |
Blackstone Fund | Number of Class A Units Converted | Total Number of Shares of Class A Common Stock Sold | ||||||
Blackstone Capital Partners VII NQ L.P. | 5,371,237 | 5,381,060 | ||||||
BCP VII SBS Holdings L.L.C. | 20,152 | 20,189 | ||||||
Blackstone Family Investment Partnership VII ESC NQ L.P. | 58,078 | 58,184 | ||||||
BTAS NQ Holdings L.L.C. | 619,388 | 620,521 | ||||||
Blackstone Capital Partners VII (IPO) NQ L.P. | 6,074,717 |
Except as set forth in this Amendment No. 1, none of the Reporting Persons has effected any transaction in Class A Common Stock in the past 60 days.
Item 7. Material to be Filed as Exhibits.
Item 7 of the Schedule 13D is hereby amended and supplemented by inserting the following exhibits:
Exhibit G | Underwriting Agreement, dated November 14, 2022 among Alight, Inc., Alight Holding Company, LLC, certain selling stockholders named therein and J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC, as representatives of the underwriters (incorporated by reference to Exhibit 1.1 to the Issuers Current Report on Form 8-K filed with the SEC on November 16, 2022). | |
Exhibit H | Form of Lock-Up Agreement (incorporated by reference to Exhibit A to Exhibit 1.1 to the Issuers Current Report on Form 8-K filed with the SEC on November 16, 2022). |
23
CUSIP No. 01626W101 | 13D/A | Page 24 of 27 |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Dated: November 17, 2022
BLACKSTONE CAPITAL PARTNERS VII NQ L.P. | ||
By: Blackstone Management Associates VII NQ L.L.C., its general partner | ||
By: BMA VII NQ L.L.C., its sole member | ||
By: Blackstone Holdings II L.P., its managing member | ||
By: Blackstone Holdings I/II GP L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BCP VII SBS HOLDINGS L.L.C. | ||
By: Blackstone Side-by-Side Umbrella Partnership L.P., its sole member | ||
By: Blackstone Side-by-Side Umbrella GP L.L.C., its | ||
general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Manager | |
BLACKSTONE FAMILY INVESTMENT PARTNERSHIP VII-ESC NQ L.P. | ||
By: BCP VII Side-by-Side GP NQ L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Authorized Signatory | |
BTAS NQ HOLDINGS L.L.C. | ||
By: BTAS Associates-NQ L.L.C., its managing member | ||
By: Blackstone Holdings II L.P., its managing member | ||
By: Blackstone Holdings I/II GP L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BLACKSTONE CAPITAL PARTNERS VII (IPO) NQ L.P. | ||
By: Blackstone Management Associates VII NQ L.L.C., its general partner | ||
By: BMA VII NQ L.L.C., its sole member | ||
By: Blackstone Holdings II L.P., its managing member | ||
By: Blackstone Holdings I/II GP L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director |
24
CUSIP No. 01626W101 | 13D/A | Page 25 of 27 |
BLACKSTONE MANAGEMENT ASSOCIATES VII NQ L.L.C. | ||
By: BMA VII NQ L.L.C., its sole member | ||
By: Blackstone Holdings II L.P., its managing member | ||
By: Blackstone Holdings I/II GP L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BMA VII NQ L.L.C. | ||
By: Blackstone Holdings II L.P., its managing member | ||
By: Blackstone Holdings I/II GP L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BLACKSTONE HOLDINGS II L.P. | ||
By: Blackstone Holdings I/II GP L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BLACKSTONE SIDE-BY-SIDE UMBRELLA PARTNERSHIP L.P. | ||
By: Blackstone Side-by-Side Umbrella GP L.L.C., its | ||
general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Manager | |
BLACKSTONE SIDE-BY-SIDE UMBRELLA GP L.L.C. | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Manager | |
BLACKSTONE HOLDINGS III L.P. | ||
By: Blackstone Holdings III GP L.P., its general partner | ||
By: Blackstone Holdings III GP Management L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director |
25
CUSIP No. 01626W101 | 13D/A | Page 26 of 27 |
BLACKSTONE HOLDINGS III GP L.P. | ||
By: Blackstone Holdings III GP Management L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BLACKSTONE HOLDINGS III GP MANAGEMENT L.L.C. | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BCP VII SIDE-BY-SIDE GP NQ L.L.C. | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Authorized Signatory | |
BTAS ASSOCIATES-NQ L.L.C. | ||
By: Blackstone Holdings II L.P., its managing member | ||
By: Blackstone Holdings I/II GP L.L.C., its general partner | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BLACKSTONE HOLDINGS I/II GP L.L.C. | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BLACKSTONE INC. | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
BLACKSTONE GROUP MANAGEMENT L.L.C. | ||
By: | /s/ Tabea Hsi | |
Name: | Tabea Hsi | |
Title | Senior Managing Director | |
STEPHEN A. SCHWARZMAN | ||
/s/ Stephen A. Schwarzman |
26
CUSIP No. 01626W101 | 13D/A | Page 27 of 27 |
SCHEDULE 1
Executive Officers and Directors of Blackstone Inc.
The name and principal occupation of each director and executive officer of Blackstone Inc. are set forth below. The address for each person listed below is c/o Blackstone Inc., 345 Park Avenue, New York, New York 10154. All executive officers and directors listed are United States citizens other than The Honourable Brian Mulroney, who is a citizen of Canada, and Sir John Antony Hood, who is a citizen of New Zealand.
OFFICERS:
Name | Present Principal Occupation or Employment | |
Stephen A. Schwarzman | Founder, Chairman and Chief Executive Officer of Blackstone Inc. | |
Jonathan D. Gray | President, Chief Operating Officer of Blackstone Inc. | |
Michael S. Chae | Chief Financial Officer of Blackstone Inc. | |
John G. Finley | Chief Legal Officer of Blackstone Inc. |
DIRECTORS:
Name | Present Principal Occupation or Employment | |
Stephen A. Schwarzman | Founder, Chairman and Chief Executive Officer of Blackstone Inc. | |
Jonathan D. Gray | President, Chief Operating Officer of Blackstone Inc. | |
Kelly A. Ayotte | Former United States Senator from New Hampshire | |
Joseph P. Baratta | Global Head of Private Equity at Blackstone Inc. | |
James W. Breyer | Founder and Chief Executive Officer of Breyer Capital | |
Reginald J. Brown | Partner for the law firm, Kirkland & Ellis | |
Sir John Antony Hood | Former President and Chief Executive Officer of the Robertson Foundation and Former Chair of the Rhodes Trust | |
Rochelle B. Lazarus | Chairman Emeritus & Former Chief Executive Officer, Ogilvy & Mather Worldwide | |
The Right Honourable Brian Mulroney | Senior Partner for the Montreal law firm, Norton Rose Fulbright Canada LLP | |
William G. Parrett | Retired CEO of Deloitte Touche Tohmatsu and retired Senior Partner of Deloitte (USA) | |
Ruth Porat | Chief Financial Officer of Alphabet Inc. and Google Inc. |
27