Home > Insider Trading > Filing (0001567619-19-017370)

Filing Details

Accession Number:: 0001567619-19-017370
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-08-20 19:14:31
Reporting Period:: 2019-08-16

Accepted Time:: 2019-08-20 19:14:31
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1433714	Castlight Health Inc.	CSLT	Services-Computer Processing & Data Preparation (7374)	261989091

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1679464	Siobhan Mangini Nolan	C/O Castlight Health, Inc. 150 Spear St., Suite 400 San Francisco CA 94105	Cfo & Treasurer	No	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class B Common Stock	Acquisiton	2019-08-16	2,500	$0.00	281,610	No	4	M	Direct
Class B Common Stock	Acquisiton	2019-08-16	1,875	$0.00	283,485	No	4	M	Direct
Class B Common Stock	Acquisiton	2019-08-16	15,625	$0.00	299,110	No	4	M	Direct
Class B Common Stock	Acquisiton	2019-08-16	6,250	$0.00	305,360	No	4	M	Direct
Class B Common Stock	Acquisiton	2019-08-16	11,250	$0.00	316,610	No	4	M	Direct
Class B Common Stock	Acquisiton	2019-08-16	23,063	$0.00	339,673	No	4	M	Direct
Class B Common Stock	Disposition	2019-08-19	21,617	$1.41	318,056	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class B Common Stock	Restricted Stock Units	Disposition	2019-08-16	2,500	$0.00	2,500	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2019-08-16	1,875	$0.00	1,875	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2019-08-16	15,625	$0.00	15,625	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2019-08-16	6,250	$0.00	6,250	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2019-08-16	11,250	$0.00	11,250	$0.00
Class B Common Stock	Restricted Stock Units	Disposition	2019-08-16	23,063	$0.00	23,063	$0.00
Common Stock	Restricted Stock Units (Class B Common Stock)	Acquisiton	2019-08-16	413,793	$0.00	413,793	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,500	No	4	M	Direct
3,750	No	4	M	Direct
62,500	No	4	M	Direct
37,500	No	4	M	Direct
112,500	No	4	M	Direct
322,875	No	4	M	Direct
413,793	No	4	A	Direct

Footnotes

Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the release and settlement of the RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.375 to $1.435 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Each RSU represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.
25% of the RSUs vested on November 16, 2016 and the remainder will vest quarterly over three years thereafter in equal installments. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
25% of the RSUs vested on February 16, 2017 and the remainder will vest quarterly over three years thereafter in equal installments. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
25% of the RSUs vested on August 16, 2017 and the remainder will vest quarterly over three years thereafter in equal installments. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
25% of the RSUs vested on February 16, 2018 and the remainder will vest quarterly over three years thereafter in equal installments. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
The RSUs vested in equal quarterly installments over four years, beginning on May 16, 2018. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
The RSUs vested in equal quarterly installments over four years, beginning on May 16,2019. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
The RSUs will vest in equal quarterly installments over four years, beginning on November 16,2019. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.