0001567619-19-021911.txt : 20191119
0001567619-19-021911.hdr.sgml : 20191119
20191119201559
ACCESSION NUMBER: 0001567619-19-021911
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20191116
FILED AS OF DATE: 20191119
DATE AS OF CHANGE: 20191119
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Chan M.P. Eric
CENTRAL INDEX KEY: 0001717376
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36330
FILM NUMBER: 191232804
MAIL ADDRESS:
STREET 1: C/O CASTLIGHT HEALTH, INC.
STREET 2: 150 SPEAR ST., SUITE 400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CASTLIGHT HEALTH, INC.
CENTRAL INDEX KEY: 0001433714
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
IRS NUMBER: 261989091
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 150 SPEAR STREET
STREET 2: SUITE 400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
BUSINESS PHONE: 415-671-4683
MAIL ADDRESS:
STREET 1: 150 SPEAR STREET
STREET 2: SUITE 400
CITY: SAN FRANCISCO
STATE: CA
ZIP: 94105
FORMER COMPANY:
FORMER CONFORMED NAME: VENTANA HEALTH SERVICES, INC.
DATE OF NAME CHANGE: 20090831
FORMER COMPANY:
FORMER CONFORMED NAME: MARIA HEALTH INC
DATE OF NAME CHANGE: 20080429
4
1
doc1.xml
FORM 4
X0306
4
2019-11-16
0
0001433714
CASTLIGHT HEALTH, INC.
CSLT
0001717376
Chan M.P. Eric
C/O CASTLIGHT HEALTH, INC.
150 SPEAR ST., SUITE 400
SAN FRANCISCO
CA
94105
0
1
0
0
Chief Accounting Officer
Class B Common Stock
2019-11-16
4
M
0
4688
0
A
33702
D
Class B Common Stock
2019-11-16
4
M
0
1563
0
A
35265
D
Class B Common Stock
2019-11-16
4
M
0
1875
0
A
37140
D
Class B Common Stock
2019-11-18
4
S
0
2980
1.3415
D
34160
D
Restricted Stock Units (RSU)
2019-11-16
4
M
0
4688
0
D
Class B Common Stock
4688
37500
D
Restricted Stock Units (RSU)
2019-11-16
4
M
0
1563
0
D
Class B Common Stock
1563
14059
D
Restricted Stock Units (RSU)
2019-11-16
4
M
0
1875
0
D
Class B Common Stock
1875
24375
D
Represents the aggregate number of shares sold by the Reporting Person to cover taxes and fees due upon the release and settlement of the RSUs. The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes and fees.
The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $1.28 to $1.42 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon written request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Class B common stock upon settlement for no consideration.
25% of the RSUs vested on November 16, 2018 and the remainder will vest quarterly over three years thereafter in equal installments. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
The RSUs vest in equal quarterly installments over four years, beginning on May 16, 2018. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
The RSUs vest in equal quarterly installments over four years, beginning on May 16, 2019. Shares of the Issuer's Class B common stock will be delivered to the Reporting Person following vesting, at which time shares will be sold by the Reporting Person to cover any tax withholding obligations.
/s/ Trevor Dutcher, by power of attorney
2019-11-19