Filing Details

Accession Number:
0001209191-20-030582
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-19 17:14:08
Reporting Period:
2020-05-16
Accepted Time:
2020-05-19 17:14:08
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
1717376 Eric M.p. Chan C/O Castlight Health, Inc.
150 Spear Street, Suite 400
San Francisco CA 94105
Chief Accounting Officer 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 2020-05-16 4,688 $0.00 43,540 No 4 M Direct
Class B Common Stock Acquisiton 2020-05-16 1,563 $0.00 45,103 No 4 M Direct
Class B Common Stock Acquisiton 2020-05-16 1,875 $0.00 46,978 No 4 M Direct
Class B Common Stock Acquisiton 2020-05-16 6,250 $0.00 53,228 No 4 M Direct
Class B Common Stock Disposition 2020-05-18 4,705 $0.76 48,523 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 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 2020-05-16 4,688 $0.00 4,688 $0.00
Class B Common Stock Restricted Stock Units (RSU) Disposition 2020-05-16 1,563 $0.00 1,563 $0.00
Class B Common Stock Restricted Stock Units (RSU) Disposition 2020-05-16 1,875 $0.00 1,875 $0.00
Class B Common Stock Restricted Stock Units (RSU) Disposition 2020-05-16 6,250 $0.00 6,250 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
28,125 No 4 M Direct
10,933 No 4 M Direct
20,625 No 4 M Direct
93,750 No 4 M 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. Represents the weighted average sales price per share. The shares sold at prices ranging from $0.75 to $0.7617 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.
  3. Each RSU represents a contingent right to receive one (1) share of the Class B Common Stock upon settlement for no consideration.
  4. 1/4th of the RSUs vested on November 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.
  5. 1/16th of the RSUs vested on May 16, 2018, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
  6. 1/16th of the RSUs vested on May 16, 2019, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.
  7. 1/16th of the RSUs vest on May 16, 2020, and the remainder will vest 1/16th quarterly in equal installments, subject to the continuing service of the Reporting Person on each vesting date.