SEC Form 4 · accession 0001239242-15-000011
CASTLIGHT HEALTH, INC. · CSLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan E Roberts
Director · 10% Owner
Period of report
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 5:05 pm EST
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 | Nov 6, 2015 | P | 531,000 | $3.81 | A | 531,000 | I | By Funds |
| Class B Common StockF2 | Nov 9, 2015 | P | 125,000 | $3.84 | A | 656,000 | I | By Funds |
| Class B Common StockF3 | Nov 10, 2015 | P | 350,000 | $3.77 | A | 1,006,000 | I | By Funds |
| Class B Common StockF4 | holding | — | — | — | 12,500 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Venrock Associates V, L.P. ("VA5") holds an aggregate of 479,139 shares, Venrock Partners V, L.P. ("VP5") holds an aggregate of 40,591 shares and Venrock Entrepreneurs Fund V, L.P. ("VEF5") holds an aggregate of 11,270 shares. Venrock Management V, LLC, VEF Management V, LLC and Venrock Partners Management V, LLC (collectively, the "Venrock GP Entities") are the sole general partners of VA5, VEF5 and VP5 (collectively, the "Funds"), respectively, and may be deemed to beneficially own these shares. Dr. Roberts is a member of the Venrock GP Entities and may be deemed to beneficially own these shares. Dr. Roberts and the Venrock GP Entities expressly disclaim beneficial ownership over these shares except to the extent of their indirect pecuniary interests therein.
- F2VA5 holds an aggregate of 591,931 shares, VP5 holds an aggregate of 50,146 shares and VEF5 holds an aggregate of 13,923 shares. The Venrock GP Entities are the sole general partners of VA5, VEF5 and VP5, respectively, and may be deemed to beneficially own these shares. Dr. Roberts is a member of the Venrock GP Entities and may be deemed to beneficially own these shares. Dr. Roberts and the Venrock GP Entities expressly disclaim beneficial ownership over these shares except to the extent of their indirect pecuniary interests therein.
- F3VA5 holds an aggregate of 907,748 shares, VP5 holds an aggregate of 76,901 shares and VEF5 holds an aggregate of 21,351 shares. The Venrock GP Entities are the sole general partners of VA5, VEF5 and VP5, respectively, and may be deemed to beneficially own these shares. Dr. Roberts is a member of the Venrock GP Entities and may be deemed to beneficially own these shares. Dr. Roberts and the Venrock GP Entities expressly disclaim beneficial ownership over these shares except to the extent of their indirect pecuniary interests therein.
- F4The reporting person is a member of VR Management, LLC (the "Management Company"). Under an agreement between the reporting person and the Management Company, the reporting person is deemed to hold the reported shares for the sole benefit of the Management Company and must exercise the reported shares solely upon the direction of the Management Company, which is entitled to the shares. The Management Company may be deemed the indirect beneficial owner of the reported shares, and the reporting person may be deemed the indirect beneficial owner of the reported shares through his interest in the Management Company. The reporting person disclaims beneficial ownership of the reported shares except to the extent of his pecuniary interest therein.