Jeremy J. Heaton - May 8, 2024 Form 3 Insider Report for Alight, Inc. / Delaware (ALIT)

Role
Chief Financial Officer
Signature
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact
Stock symbol
ALIT
Transactions as of
May 8, 2024
Transactions value $
$0
Form type
3
Date filed
5/17/2024, 05:16 PM
Next filing
Jul 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ALIT Class A Common Stock 577K May 8, 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding ALIT Class B-1 Common Stock May 8, 2024 Class A Common Stock 27.2K Direct F2
holding ALIT Class B-2 Common Stock May 8, 2024 Class A Common Stock 27.2K Direct F3
holding ALIT Class Z-A Common Stock May 8, 2024 Class A Common Stock 10K Direct F4
holding ALIT Class Z-B-1 Common Stock May 8, 2024 Class A Common Stock 545 Direct F2, F5
holding ALIT Class Z-B-2 Common Stock May 8, 2024 Class A Common Stock 545 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units scheduled to vest in the future and shares of Class A common stock that are subject to certain transfer, voting, vesting and other restrictions applicable to "Restricted Stock," as set forth in the Issuer's 2021 Omnibus Incentive Plan.
F2 Shares of Class B-1 common stock do not represent economic interestes in the Issuer, except for participation together with Class A common stock in any dividends or distributions, which amounts will accrue and only become payable upon the occurrence of certain Class B vesting events. Holders of Class B-1 common stock are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B-1 common stock will automatically convert into shares of Class A common stock on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B-1 vesting events. Includes 18,148 shares of Class B-1 common stock that are subject to certain transfer, voting, vesting and other restirctions applicable to "Restricted Stock," as set forth in the Issuer's Omnibus Incentive Plan.
F3 Shares of Class B-2 common stock do not represent economic interests in the Issuer, except for participation together with Class A common stock in any dividends or distributions, which amounts will accrue and only become payable upon the occurrence of certain Class B vesting events. Holders of Class B-2 common stock are not entitled to any voting rights with respect to such shares, except as required by applicable law. Class B-2 common stock will automatically convert into shares of Class A common stock on a one-for-one basis (subject to adjustment) upon the occurrence of certain Class B-2 vesting events. Includes 18,148 shares of Class B-2 common stock that are subject to certain transfer, voting, vesting and other restrictions applicable to "Restricted Stock," as set forth in the Issuer's Omnibus Incentive Plan.
F4 Class Z-A common stock will, with respect to each holder's applicable portion thereof (as determined pursuant to the Issuer's Certificate of Incorporation), (i) vest and be converted into an equivalent portion of Class A common stock in the event the corollary unvested shares of Class A common stock held by Issuer's management are forfeited pursuant to an applicable award agreement or (ii) be forfeited for no consideration in the event that such corollary shares of Class A common stock vest pursuant to the terms of an applicable award agreement.
F5 Class Z-B-1 common stock will, with respect to each holder's applicable portion thereof (as determined pursuant to the Issuer's Certificate of Incorporation), (i) vest and be converted into an equivalent portion of Class B-1 common stock in the event the corollary unvested shares of Class B-1 common stock held by Issuer's management are forfeited pursuant to an applicable award agreement or (ii) be forfeited for no consideration in the event that such corollary shares of Class B-1 common stock vest pursuant to the terms of an applicable award agreement.
F6 Class Z-B-2 common stock will, with respect to each holder's applicable portion thereof (as determined pursuant to the Issuer's Certificate of Incorporation), (i) vest and be converted into an equivalent portion of Class B-2 common stock in the event the corollary unvested shares of Class B-2 common stock held by Issuer's management are forfeited pursuant to an applicable award agreement or (ii) be forfeited for no consideration in the event that such corollary shares of Class B-2 common stock vest pursuant to the terms of an applicable award agreement.

Remarks:

Power of Attorney Ex. 24.1