SEC Form 4 · accession 0001140361-16-070698
CASTLIGHT HEALTH, INC. · CSLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David B Singer
Director
Period of report
Jun 22, 2016
Accepted (ET)
Jun 23, 2016 · 6:19 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 | Jun 22, 2016 | A | 31,250 | $0.00 | A | 43,750 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award of restricted stock units ("RSUs"). 25% of the RSUs will vest on August 15, 2016 and an additional 25% will vest on each quarterly anniversary thereafter. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock upon settlement for no consideration.
- F2These RSUs are held by David B. Singer for the benefit of entities managed by Maverick Capital, Ltd. Mr. Singer is an employee of an affiliate of Maverick Capital, Ltd.