Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-21-070975
Date:2021-12-14
Issuer: ALIGHT, INC. / DELAWARE (ALIT)
Original Submission Date:

Reporting Person:

SCHOLL STEPHAN
C/O ALIGHT, INC.
4 OVERLOOK POINT LINCOLNSHIRE, IL 60069-4337

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
CLASS A COMMON STOCK 2021-12-14 M 145,000 a $11.50 5,983,895 direct
CLASS A COMMON STOCK 2021-12-14 F 107,300 d $0.00 5,876,595 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
WARRANTS TO PURCHASE CLASS A COMMON STOCK 11.5 2021-12-14 deemed execution date M 145,000 (d) 2021-08-02 2026-07-02 class a common stock 145,000 $11.50 0 direct
Footnotes
IDfootnote
f1 the reporting person exercised warrants to purchase shares of the issuer's class a common stock. the warrants were exercised on a cashless basis pursuant to section 6.2 of that certain warrant agreement, dated may 20, 2020, by and between foley transimene acquisition corp. (n/k/a alight group, inc.)("ftac") and continental stock transfer trust company (the "warrant agent"), as amended by the warrant assumption agreement, dated as of july 2, 2021 (together the "warrant agreement"), by and between the issuer, ftac and the warrant agent, following the issuer's notice of redemption dated november 26, 2021. in the cashless exercise, under the terms of the warrant agreement, the reporting person received 0.26 shares per warrant exercised and the issuer withheld 0.74 shares per warrant exercised.
f2 the exercise of warrants, the withholding of shares of class a common stock in the cashless exercise and the resulting issuance of the net shares of class a common stock were exempt under rule 16b-3 of the securities exchange act of 1934, as amended.
f3 includes shares of class a common stock that are subject to certain transfer, voting, vesting and other restrictions applicable to "restricted stock," as set forth in the issuer's 2021 omnibus incentive plan.
f4 represents shares of class a common stock withheld in connection with the cashless exercise.
f5 the reported price was the purchase price for the 46,000 warrants purchased and timely reported on august 20, 2021, but the remainder of the reported securities were acquired in connection with the issuer's initial business combination and reflected in the reporting person's form 3.
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