SEC Form 4 · accession 0000947871-17-000556
CASTLIGHT HEALTH, INC. · CSLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
MAVERICK CAPITAL LTD
10% Owner
Lee S Ainslie III
10% Owner
MAVERICK CAPITAL MANAGEMENT LLC
10% Owner
Andrew Held Warford
10% Owner
Period of report
Jul 12, 2017
Accepted (ET)
Jul 14, 2017 · 5:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001433714
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F2 | Jul 12, 2017 | C | 517,358 | $0.00 | A | 1,739,167 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1,F2 | $0.00 | Jul 12, 2017 | C | 517,358 | D | — | — | Class B Common Stock | 517,358 | 7,216,028 | I |
Explanation of responses
- F1Each share of Class A Common Stock is convertible into one share of Class B Common Stock without payment of any additional consideration.
- F2Maverick Capital, Ltd. ("Maverick Capital") is a registered investment adviser under the Investment Advisers Act of 1940, as amended, and acts as the investment manager for each of the portfolio funds for which David B. Singer holds the RSUs and that directly hold the remaining reported securities. Maverick Capital Management, LLC ("Maverick Management") is the general partner of Maverick Capital. Lee S. Ainslie III is the manager of Maverick Management. Andrew H. Warford serves as the Chairman of the Stock Committee of Maverick Capital. Each reporting owner disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein.