Filing Details
- Accession Number:
- 0001567619-19-021908
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-19 20:12:20
- Reporting Period:
- 2019-11-16
- Accepted Time:
- 2019-11-19 20:12:20
- 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 | President | 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 | 2019-11-16 | 2,500 | $0.00 | 320,556 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2019-11-16 | 1,875 | $0.00 | 322,431 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2019-11-16 | 15,625 | $0.00 | 338,056 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2019-11-16 | 6,250 | $0.00 | 344,306 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2019-11-16 | 11,250 | $0.00 | 355,556 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2019-11-16 | 23,062 | $0.00 | 378,618 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2019-11-16 | 25,862 | $0.00 | 404,480 | No | 4 | M | Direct | |
| Class B Common Stock | Disposition | 2019-11-18 | 31,656 | $1.34 | 372,824 | 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 | 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 (RSU) | Disposition | 2019-11-16 | 2,500 | $0.00 | 2,500 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2019-11-16 | 1,875 | $0.00 | 1,875 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2019-11-16 | 15,625 | $0.00 | 15,625 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2019-11-16 | 6,250 | $0.00 | 6,250 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2019-11-16 | 11,250 | $0.00 | 11,250 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2019-11-16 | 23,062 | $0.00 | 23,062 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2019-11-16 | 25,862 | $0.00 | 25,862 | $0.00 |
| Class B Common Stock | Performance Stock Unit (PSU) | Acquisiton | 2019-11-16 | 103,449 | $0.00 | 103,449 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 1,875 | No | 4 | M | Direct | ||
| 46,875 | No | 4 | M | Direct | ||
| 31,250 | No | 4 | M | Direct | ||
| 101,260 | No | 4 | M | Direct | ||
| 299,813 | No | 4 | M | Direct | ||
| 387,931 | No | 4 | M | Direct | ||
| 103,449 | 2021-08-16 | 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.
- Represents the weighted average sales price per share. The shares sold at prices ranging from $1.275 to $1.42 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
- Each RSU represents a contingent right to receive one (1) share of the Class B Common Stock upon settlement for no consideration.
- 1/4th of the RSUs vested on November 16, 2016, and the remainder will vest 1/16th quarterly over three years in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
- 1/4th of the RSUs vested on February 16, 2017, and the remainder will vest 1/16th quarterly over three years in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
- 1/4th of the RSUs vested on August 16, 2017, and the remainder will vest 1/16th quarterly over three years in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
- 1/4th of the RSUs vested on February 16, 2018, and the remainder will vest 1/16th quarterly over three years in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
- 1/16th of the RSUs vested on May 16, 2018, and the remainder will vest 1/16th quarterly thereafter in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
- 1/16th of the RSUs vested on May 16, 2019, and the remainder will vest 1/16th quarterly thereafter in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
- 1/16th of the RSUs vested on November 16, 2019, and the remainder will vest 1/16th quarterly thereafter in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
- Each PSU represents a contingent right to receive one (1) share of the Class B Common Stock upon settlement for no consideration. The PSU vests on August 17, 2020, subject to the continuing service of the Reporting Person on such date.
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