SEC Form 4 · accession 0001140361-17-039845
CASTLIGHT HEALTH, INC. · CSLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Giovanni M. Colella
Director · 10% Owner · Other
Period of report
Oct 25, 2017
Accepted (ET)
Oct 27, 2017 · 5:39 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 Stock | Oct 25, 2017 | M | 64,313 | $0.00 | A | 143,219 | D | |
| Class B Common Stock | Oct 25, 2017 | M | 190,625 | $0.00 | A | 333,844 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1 | $0.00 | Oct 25, 2017 | M | 64,313 | D | — | — | Class B Common Stock | 64,313 | 0 | D |
| Restricted Stock UnitsF3,F2 | $0.00 | Oct 25, 2017 | M | 190,625 | D | — | — | Class B Common Stock | 190,625 | 0 | D |
Explanation of responses
- F1In connection with the Reporting Person's retirement from the Board of the Company on October 25, 2017, the Board determined to accelerate the remaining 64,313 unvested shares of restricted stock units ("RSUs") initially granted to the Reporting Person on June 17, 2015, the grant of which was previously reported by the Reporting Person on Table II of a Form 4.
- F2In connection with the Reporting Person's retirement from the Board of the Company on October 25, 2017, the Board determined to accelerate the remaining 190,625 unvested shares of restricted stock units ("RSUs") initially granted to the Reporting Person on February 26, 2016, the grant of which was previously reported by the Reporting Person on Table II of a Form 4.
- F3Each RSU represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.