Filing Details

Accession Number:
0000899243-22-036215
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-17 17:32:26
Reporting Period:
2022-11-17
Accepted Time:
2022-11-17 17:32:26
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1809104 Alight Inc. / Delaware ALIT () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1484870 L.p. Ii Holdings Blackstone C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1663886 L.p. Partnership Umbrella Side-By-Side Blackstone C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1770692 L.l.c. Gp Umbrella Side-By-Side Blackstone C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1770693 L.l.c. Holdings Nq Btas C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1770698 L.l.c. Holdings Sbs Vii Bcp C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1771139 L.l.c. Nq Vii Bma C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1771140 L.p. Nq Vii-Esc Partnership Investment Family Blackstone C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1771142 L.l.c. Nq Vii Associates Management Blackstone C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1771144 L.p. Nq Vii Partners Capital Blackstone C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes No
1872064 L.p. Nq (Ipo) Vii Partners Capital Blackstone C/O Blackstone Inc.
345 Park Avenue
New York NY 10154
No No Yes 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 A Common Stock Acquisiton 2022-11-17 5,371,237 $0.00 5,459,742 No 4 C Indirect See Footnotes
Class A Common Stock Acquisiton 2022-11-17 20,152 $0.00 20,484 No 4 C Indirect See Footnotes
Class A Common Stock Acquisiton 2022-11-17 58,078 $0.00 59,035 No 4 C Indirect See Footnotes
Class A Common Stock Acquisiton 2022-11-17 619,388 $0.00 629,594 No 4 C Indirect See Footnotes
Class A Common Stock Disposition 2022-11-17 5,381,060 $7.46 78,682 No 4 S Indirect See Footnotes
Class A Common Stock Disposition 2022-11-17 20,189 $7.46 295 No 4 S Indirect See Footnotes
Class A Common Stock Disposition 2022-11-17 58,184 $7.46 851 No 4 S Indirect See Footnotes
Class A Common Stock Disposition 2022-11-17 620,521 $7.46 9,073 No 4 S Indirect See Footnotes
Class A Common Stock Disposition 2022-11-17 6,074,717 $7.46 48,659,181 No 4 S Indirect See Footnotes
Class V Common Stock Disposition 2022-11-17 5,371,237 $0.00 43,024,219 No 4 J Indirect See Footnotes
Class V Common Stock Disposition 2022-11-17 20,152 $0.00 161,420 No 4 J Indirect See Footnotes
Class V Common Stock Disposition 2022-11-17 58,078 $0.00 465,213 No 4 J Indirect See Footnotes
Class V Common Stock Disposition 2022-11-17 619,388 $0.00 4,961,364 No 4 J Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Indirect See Footnotes
No 4 C Indirect See Footnotes
No 4 C Indirect See Footnotes
No 4 C Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 S Indirect See Footnotes
No 4 J Indirect See Footnotes
No 4 J Indirect See Footnotes
No 4 J Indirect See Footnotes
No 4 J Indirect See Footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Class A Units Disposition 2022-11-17 5,371,237 $0.00 5,371,237 $0.00
Class A Common Stock Class A Units Disposition 2022-11-17 20,152 $0.00 20,152 $0.00
Class A Common Stock Class A Units Disposition 2022-11-17 58,078 $0.00 58,078 $0.00
Class A Common Stock Class A Units Disposition 2022-11-17 619,388 $0.00 619,388 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
43,024,219 No 4 C Indirect
161,420 No 4 C Indirect
465,213 No 4 C Indirect
4,961,364 No 4 C Indirect
Footnotes
  1. This amount of $7.46 represents the $7.75 public offering price per share of Class A common stock, par value $0.0001 per share (the "Class A Common Stock"), of Alight, Inc. (the "Issuer"), less the underwriting discount of $0.29 per share (such offering, the "Secondary Offering").
  2. Reflects securities directly held by Blackstone Capital Partners VII NQ L.P., the general partner of which is Blackstone Management Associates VII NQ L.L.C., the sole member of which is BMA VII NQ L.L.C., the managing member of which is Blackstone Holdings II L.P.
  3. Reflects securities directly held by BCP VII SBS Holdings L.L.C., the sole member of which is Blackstone Side-by-Side Umbrella Partnership L.P., the general partner of which is Blackstone Side-by-Side Umbrella GP L.L.C., the sole member of which is Blackstone Holdings III L.P., the general partner of which is Blackstone Holdings III GP L.P., the general partner of which is Blackstone Holdings III GP Management L.L.C.
  4. Reflects securities directly held by Blackstone Family Investment Partnership VII - ESC NQ L.P., the general partner of which is BCP VII Side-by-Side GP NQ L.L.C., the sole member of which is Blackstone Holdings II L.P.
  5. Reflects securities directly held by BTAS NQ Holdings L.L.C., the managing member of which is BTAS Associates-NQ L.L.C., the managing member of which is Blackstone Holdings II L.P.
  6. Reflects securities directly held by Blackstone Capital Partners VII (IPO) NQ L.P., the general partner of which is Blackstone Management Associates VII NQ L.L.C., the sole member of which is BMA VII NQ L.L.C., the managing member of which is Blackstone Holdings II L.P.
  7. The general partner of Blackstone Holdings II L.P. is Blackstone Holdings I/II GP L.L.C. Blackstone Inc. ("Blackstone") is the sole member of each of Blackstone Holdings I/II GP L.L.C. and Blackstone Holdings III GP Management L.L.C. The sole holder of the Series II preferred stock of Blackstone is Blackstone Group Management L.L.C. Blackstone Group Management L.L.C. is wholly-owned by Blackstone's senior managing directors and controlled by its founder, Stephen A. Schwarzman.
  8. Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person.
  9. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934 (the "Exchange Act"), each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the securities reported herein for purposes of Section 16 of the Exchange Act or for any other purpose.
  10. Due to the limitations of the electronic filing system certain Reporting Persons are filing a separate Form 4.
  11. Upon the closing of the Secondary Offering and in connection with the exchange of Class A units of Alight Holding Company, LLC ("Class A Units") for shares of Class A Common Stock (as further described in Footnote 12), an equal number of shares of the Issuer's Class V common stock were cancelled for no consideration. Shares of Class V common stock do not represent economic interests in the Issuer. Except as provided in the Issuer's certificate of incorporation or as required by applicable law, holders of Class V common stock will be entitled to one vote per share on all matters to be voted on by the Issuer's stockholders generally.
  12. Upon the closing of the Secondary Offering, an aggregate of 6,068,855 Class A Units were exchanged for an equal number of shares of Class A Common Stock. Class A Units have no voting rights but are entitled to share in the profits and losses of Alight Holding Company LLC. Class A Units held by the Reporting Persons can be exchanged, up to once per calendar quarter (and in the case of the Blackstone entities described herein, twice per calendar quarter in the aggregate), for an equal number of shares of Class A Common Stock. Notwithstanding the foregoing, the Issuer will be permitted, at its sole discretion, in lieu of delivering shares of Class A Common Stock for any Class A Units surrendered for exchange, to pay an amount in cash per Class A Unit equal to the 5-day volume weighted average price of the Class A Common Stock ending on the day such measurement is made.