Filing Details

Accession Number:
0001567619-18-006702
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-11-19 19:10:27
Reporting Period:
2018-11-15
Accepted Time:
2018-11-19 19:10:27
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 2018-11-15 9,000 $0.00 90,920 No 4 M Direct
Class B Common Stock Disposition 2018-11-16 3,134 $2.84 87,786 No 4 S Direct
Class B Common Stock Acquisiton 2018-11-16 3,563 $0.00 91,349 No 4 M Direct
Class B Common Stock Acquisiton 2018-11-16 312 $0.00 91,661 No 4 M Direct
Class B Common Stock Acquisiton 2018-11-16 23,438 $0.00 115,099 No 4 M Direct
Class B Common Stock Acquisiton 2018-11-16 3,125 $0.00 118,224 No 4 M Direct
Class B Common Stock Acquisiton 2018-11-16 12,500 $0.00 130,724 No 4 M Direct
Class B Common Stock Acquisiton 2018-11-16 12,500 $0.00 143,224 No 4 M Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S 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
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Restricted Stock Units Disposition 2018-11-15 9,000 $0.00 9,000 $0.00
Class B Common Stock Restricted Stock Units Disposition 2018-11-16 3,563 $0.00 3,563 $0.00
Class B Common Stock Restricted Stock Units Disposition 2018-11-16 312 $0.00 312 $0.00
Class B Common Stock Restricted Stock Units Disposition 2018-11-16 23,438 $0.00 23,438 $0.00
Class B Common Stock Restricted Stock Units Disposition 2018-11-16 3,125 $0.00 3,125 $0.00
Class B Common Stock Restricted Stock Units Disposition 2018-11-16 12,500 $0.00 12,500 $0.00
Class B Common Stock Restricted Stock Units Disposition 2018-11-16 12,500 $0.00 12,500 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
9,000 No 4 M Direct
14,250 No 4 M Direct
1,563 No 4 M Direct
46,875 No 4 M Direct
28,125 No 4 M Direct
162,500 No 4 M Direct
175,000 No 4 M Direct
Footnotes
  1. Release and settlement of restricted stock units ("RSUs") granted to the Reporting Person on May 15, 2015, the grant of which was previously reported by the Reporting Person on a Form 3.
  2. Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the release and settlement of the RSU's. 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.
  3. Represents the weighted average sales price per share. The shares sold at prices ranging from $2.84 to $2.845 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. Release and settlement of RSUs granted to the Reporting Person on November 16, 2015, the grant of which was previously reported by the Reporting Person on a Form 3.
  5. Release and settlement of RSUs granted to the Reporting Person on February 24, 2016, the grant of which was previously reported by the Reporting Person on a Form 3.
  6. Release and settlement of RSUs granted to the Reporting Person on May 16, 2016, the grant of which was previously reported by the Reporting Person on a Form 3.
  7. Release and settlement of RSUs granted to the Reporting Person on March 7, 2017, the grant of which was previously reported by the Reporting Person on a Form 3.
  8. Release and settlement of RSUs granted to the Reporting Person on March 16, 2018, the grant of which was previously reported by the Reporting Person on a Form 3.
  9. Release and settlement of RSUs granted to the Reporting Person on June 11, 2018, the grant of which was previously reported by the Reporting Person on a Form 4.
  10. Each RSU represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.
  11. 25% of the RSUs vested on February 15, 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.
  12. 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.
  13. 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.
  14. 25% of the RSUs vested on May 16, 2017 and the remainder will vest quarterly over two years thereafter in equal installments. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting.
  15. 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.
  16. 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
  17. The RSUs will 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.