SEC Form 4 · accession 0001140361-18-029637
CASTLIGHT HEALTH, INC. · CSLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth B. Cohen
Director
Period of report
Jun 20, 2018
Accepted (ET)
Jun 22, 2018 · 5:35 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 | Jun 20, 2018 | S | 5,000 | $4.3418 | D | 293,333 | D | |
| Class B Common StockF2 | Jun 20, 2018 | A | 32,183 | $0.00 | A | 325,516 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction was effected pursuant to a 10b5-1 trading plan previously adopted by the Reporting Person.
- F2Represents an award of restricted stock units ("RSUs"). 25% of the RSUs will vest on August 16, 2018, and the remaining 75% of the RSUs will vest in 3 equal quarterly installments thereafter beginning on November 16, 2018. Each RSU represents a contingent right to receive one share of the Issuer's Class B common stock upon settlement for no consideration.