Filing Details

Accession Number:
0001140361-17-031176
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-08-10 17:48:50
Reporting Period:
2017-08-08
Filing Date:
2017-08-10
Accepted Time:
2017-08-10 17:48:50
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
1601554 M. Giovanni Colella C/O Castlight Health, Inc.
150 Spear St., Suite 400
San Francisco CA 94105
Yes No Yes Yes
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 2017-08-08 21,600 $0.00 43,820 No 4 C Indirect By living trust
Class B Common Stock Disposition 2017-08-08 21,600 $4.06 22,220 No 4 S Indirect By living trust
Class B Common Stock Acquisiton 2017-08-09 1,400 $0.00 23,620 No 4 C Indirect By living trust
Class B Common Stock Disposition 2017-08-09 1,400 $4.00 22,220 No 4 S Indirect By living trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect By living trust
No 4 S Indirect By living trust
No 4 C Indirect By living trust
No 4 S Indirect By living trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Class A Common Stock Disposition 2017-08-08 21,600 $0.00 21,600 $0.00
Class B Common Stock Class A Common Stock Disposition 2017-08-09 1,400 $0.00 1,400 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
4,688,991 No 4 C Indirect
4,687,591 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 78,906 Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Class B Common Stock Class A Common Stock $0.00 509,638 509,638 Indirect
Class B Common Stock Class A Common Stock $0.00 160,443 160,443 Indirect
Class B Common Stock Class A Common Stock $0.00 509,638 509,638 Indirect
Class B Common Stock Class A Common Stock $0.00 160,443 160,443 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
509,638 509,638 Indirect
160,443 160,443 Indirect
509,638 509,638 Indirect
160,443 160,443 Indirect
Footnotes
  1. Reporting Person serves as a co-trustee.
  2. Represents the aggregate of sales effected on the same day at different prices.
  3. Represents the weighted average sales price per share. The shares sold at prices ranging from $4.00 to $4.20 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.
  4. Each share of Class A Common Stock is convertible, at any time at the option of the holder, into one (1) share of Class B Common Stock. In addition, each share of Class A Common Stock will convert automatically into one (1) share of Class B Common Stock upon the transfer, whether or not for value, that occurs after the closing of the IPO to any transferee who is not a "Permitted Transferee", as defined in the Issuer's Restated Certificate of Incorporation in effect as of the date hereof. The shares of Class A Common Stock have no expiration date.
  5. Each share of the Issuer's Class A Common Stock will convert automatically into one (1) share of Class B Common Stock upon the earliest to occur of the following: (a) the first date on which the number of shares of Class A Common Stock then outstanding is less than 15,340,384 shares, (b) March 19, 2024, or (c) a time and date approved in writing by holders of at least a majority of the then-outstanding shares of Class A Common Stock. The shares of Class A Common Stock and Class B Common Stock have no expiration date.
  6. Reporting Person serves as trustee and sole beneficiary.
  7. Reporting Person's spouse serves as trustee and sole beneficiary.