Form 4 for CDLX Cardlytics, Inc.
Accepted 2022-12-13 00:00:00 ET · period of report 2022-12-09 · accession 0001666071-22-000159 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-12-13 | 2022-12-09 | CDLX | Christiansen Andrew | CFO | M - OptEx | $0.00 | +1,875 | 23.3K | +9% | $0 |
| D | 2022-12-13 | 2022-12-09 | CDLX | Christiansen Andrew | CFO | M - OptEx | $0.00 | -1,875 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-12-09 | M | A | 1,875 | $0.00 | 23,288 | D | — | — | |
| 2 | Derivative | Performance Stock Unit | 2022-12-09 | M | D | 1,875 | $0.00 | 0 | D | — · — to — | 1,875 Common Stock | (F1) Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock. (F2) On December 9, 2021 the Compensation Committee of the Issuer's Board of Directors certified that a target minimum growth rate in adjusted contribution was achieved (the "Certification") resulting in the award of the tranche of the PSU grant related to achieving the adjusted contribution growth target ("adjusted contribution growth tranche"). Fifty percent (50%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested upon the Certification, twenty-five percent (25%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested 6 months after the Certification, and twenty-five percent (25%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested 12 months after the Certification. |