Cesar Jelvez - Mar 10, 2023 Form 4 Insider Report for Alight, Inc. / Delaware (ALIT)

Signature
/s/ John A. Mikowski, Deputy General Counsel and Assistant Corporate Secretary, as Attorney-in-Fact
Stock symbol
ALIT
Transactions as of
Mar 10, 2023
Transactions value $
-$121,196
Form type
4
Date filed
3/14/2023, 06:08 PM
Previous filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALIT Class A Common Stock Tax liability -$121K -13.7K -3.15% $8.86 420K Mar 10, 2023 Direct F1, F2
transaction ALIT Class A Common Stock Award $0 +84.8K +20.2% $0.00 505K Mar 10, 2023 Direct F2, F3
transaction ALIT Class A Common Stock Award $0 +113K +22.36% $0.00 618K Mar 10, 2023 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares withheld to cover tax liability incurred upon the vesting of previously reported restricted stock units. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person.
F2 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.
F3 Represents restricted stock units scheduled to vest in three equal installments on March 10, 2024, March 10, 2025 and March 10, 2026.
F4 Represents restricted stock units scheduled to vest on August 10, 2025.

Remarks:

Chief Professional Services and Global Payroll Officer