Filing Details

Accession Number:
0001567619-19-005032
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-02-20 18:22:16
Reporting Period:
2019-02-15
Accepted Time:
2019-02-20 18:22:16
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class B Common Stock Acquisiton 2019-02-15 625 $0.00 214,764 No 4 M Direct
Class B Common Stock Acquisiton 2019-02-15 1,875 $0.00 216,639 No 4 M Direct
Class B Common Stock Acquisiton 2019-02-16 2,500 $0.00 219,139 No 4 M Direct
Class B Common Stock Acquisiton 2019-02-16 1,875 $0.00 221,014 No 4 M Direct
Class B Common Stock Acquisiton 2019-02-16 15,625 $0.00 236,639 No 4 M Direct
Class B Common Stock Acquisiton 2019-02-16 6,250 $0.00 242,889 No 4 M Direct
Class B Common Stock Acquisiton 2019-02-16 11,250 $0.00 254,139 No 4 M Direct
Class B Common Stock Disposition 2019-02-19 1,036 $3.29 253,103 No 4 S Direct
Class B Common Stock Disposition 2019-02-20 15,248 $3.14 237,855 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
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 2019-02-15 625 $0.00 625 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-02-15 1,875 $0.00 1,875 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-02-16 2,500 $0.00 2,500 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-02-16 1,875 $0.00 1,875 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-02-16 15,625 $0.00 15,625 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-02-16 6,250 $0.00 6,250 $0.00
Class B Common Stock Restricted Stock Units Disposition 2019-02-16 11,250 $0.00 11,250 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
3,750 No 4 M Direct
7,500 No 4 M Direct
7,500 No 4 M Direct
93,750 No 4 M Direct
50,000 No 4 M Direct
135,000 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. Release and settlement of RSUs granted to the Reporting Person on August 17, 2015, the grant of which was previously reported by the Reporting Person on a Form 3.
  3. 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.
  4. Release and settlement of RSUs granted to the Reporting Person on February 26, 2016, 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 July 8, 2016, the grant of which was previously reported by the Reporting Person on a Form 4.
  6. 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 4.
  7. Release and settlement of RSUs granted to the Reporting Person on February 15, 2018, the grant of which was previously reported by the Reporting Person on a Form 4.
  8. 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.
  9. Represents the weighted average sales price per share. The shares sold at prices ranging from $3.245 to $3.33 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.
  10. Represents the weighted average sales price per share. The shares sold at prices ranging from $3.08 to $3.25 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.
  11. Each RSU represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.
  12. 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, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
  13. 25% of the RSUs vested on August 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, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
  14. 25% of the RSUs vested on November 16, 2016 and the remainder 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.
  15. 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.
  16. 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.
  17. 25% of the RSUs will vest 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.
  18. The RSUs will vest 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.