Filing Details

Accession Number:
0001567619-19-017371
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-08-20 19:15:58
Reporting Period:
2019-08-16
Accepted Time:
2019-08-20 19:15:58
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
1742487 Maeve O'meara C/O Castlight Health, Inc.
150 Spear St., Suite 400
San Francisco CA 94105
Evp,Product&Customerexperience No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class B Common Stock Acquisiton 2019-08-16 3,562 $0.00 270,745 No 4 M Direct
Class B Common Stock Acquisiton 2019-08-16 313 $0.00 271,058 No 4 M Direct
Class B Common Stock Acquisiton 2019-08-16 3,125 $0.00 274,183 No 4 M Direct
Class B Common Stock Acquisiton 2019-08-16 12,500 $0.00 286,683 No 4 M Direct
Class B Common Stock Acquisiton 2019-08-16 12,500 $0.00 299,183 No 4 M Direct
Class B Common Stock Acquisiton 2019-08-16 23,063 $0.00 322,246 No 4 M Direct
Class B Common Stock Disposition 2019-08-19 28,171 $1.41 294,075 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Restricted Stock Units Disposition 2019-08-16 3,562 $0.00 3,562 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-08-16 313 $0.00 313 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-08-16 3,125 $0.00 3,125 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-08-16 12,500 $0.00 12,500 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-08-16 12,500 $0.00 12,500 $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 2019-08-16 689,656 $0.00 689,656 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,563 No 4 M Direct
625 No 4 M Direct
18,750 No 4 M Direct
125,000 No 4 M Direct
137,500 No 4 M Direct
322,875 No 4 M Direct
689,656 No 4 A Direct
Footnotes
  1. 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.
  2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.37 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.
  3. Each RSU represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.
  4. The RSUs vest over 5 years as follows: 25% of the restricted stock units ("RSUs") vested on November 16, 2016. Thereafter, the shares vest in 12 quarterly installments each consisting of 5% of the shares subject to the RSU, and 1/12 of the remainder vests monthly thereafter until fully vested. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting.
  5. The RSUs vest over 5 years as follows: 25% of the RSUs vested on February 24, 2017. Thereafter, the shares vest in 12 quarterly installments each consisting of 5% of the shares subject to the RSU, and 1/12 of the remainder vests monthly thereafter until fully vested. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting.
  6. The RSUs vest over 5 years as follows: 25% of the RSUs vested on March 7, 2018. Thereafter, the shares vest in 12 quarterly installments each consisting of 5% of the shares subject to the RSU, and 1/12 of the remainder vests monthly thereafter until fully vested. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting.
  7. The RSUs vested and continue to vest in equal quarterly installments over four years, beginning on February 16, 2018. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting.
  8. The RSUs vest over 4 years in 16 equal quarterly installments beginning on August 16, 2018 until fully vested. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting.
  9. The RSUs vest 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.
  10. 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.