Filing Details
- Accession Number:
- 0001209191-20-059168
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-11-18 17:03:58
- Reporting Period:
- 2020-11-16
- Accepted Time:
- 2020-11-18 17:03:58
- 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 Street, Suite 400 San Francisco CA 94105 | Chief Executive Officer | Yes | 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 | 2020-11-16 | 125,000 | $0.00 | 643,453 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2020-11-16 | 9,375 | $0.00 | 652,828 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2020-11-16 | 37,500 | $0.00 | 690,328 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2020-11-16 | 37,500 | $0.00 | 727,828 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2020-11-16 | 69,187 | $0.00 | 797,015 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2020-11-16 | 129,310 | $0.00 | 926,325 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2020-11-16 | 186,000 | $0.00 | 1,112,325 | No | 4 | M | Direct | |
| Class B Common Stock | Acquisiton | 2020-11-16 | 689,656 | $0.00 | 1,801,981 | No | 4 | M | Direct | |
| Class B Common Stock | Disposition | 2020-11-17 | 577,907 | $1.14 | 1,224,074 | 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 | 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 | 2020-11-16 | 125,000 | $0.00 | 125,000 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2020-11-16 | 9,375 | $0.00 | 9,375 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2020-11-16 | 37,500 | $0.00 | 37,500 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2020-11-16 | 37,500 | $0.00 | 37,500 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2020-11-16 | 69,187 | $0.00 | 69,187 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2020-11-16 | 129,310 | $0.00 | 129,310 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2020-11-16 | 186,000 | $0.00 | 186,000 | $0.00 |
| Class B Common Stock | Restricted Stock Units (RSU) | Disposition | 2020-11-16 | 689,656 | $0.00 | 689,656 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 3,125 | No | 4 | M | Direct | ||
| 62,500 | No | 4 | M | Direct | ||
| 75,000 | No | 4 | M | Direct | ||
| 207,563 | No | 4 | M | Direct | ||
| 474,139 | No | 4 | M | Direct | ||
| 806,000 | No | 4 | M | Direct | ||
| 0 | 2021-08-16 | No | 4 | M | Direct |
Footnotes
- On November 16, 2020, these shares of Class B Common Stock were issued in settlement of the RSUs that vested on each of May 16, 2020, August 16, 2020 and November 16, 2020. Delivery of the shares in settlement of the RSUs that vested on May 16, 2020 and August 16, 2020 was deferred to November 16, 2020.
- On November 16, 2020, these shares of Class B Common Stock were issued in settlement of the RSUs that vested on August 17, 2020. Delivery of the shares in settlement of the vested RSUs was deferred to November 16, 2020.
- 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 $1.13 to $1.17 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.
- 100% of the RSUs vested on May 16, 2020. The underlying vested shares settled on November 16, 2020.
- 1/4th of the RSUs vested on March 7, 2018, and the remainder will vest 1/20th quarterly in 12 equal installments and then 1/12th monthly in equal installments, subject to the continuing service of the Reporting Person on each vesting date. The underlying vested shares settled on November 16, 2020.
- 1/16th of the RSUs vested on February 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. The underlying vested shares settled on November 16, 2020.
- 1/16th of the RSUs vested on August 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. The underlying vested shares settled on November 16, 2020.
- 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. The underlying vested shares settled on November 16, 2020.
- 1/16th of the RSUs vested on November 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. The underlying vested shares settled on November 16, 2020.
- 1/16th of the RSUs vested 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. The underlying vested shares settled on November 16, 2020.
- The RSU vested on August 17, 2020. The underlying vested shares settled on November 16, 2020.
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