Form 4 for CDLX Cardlytics, Inc.
Accepted 2023-10-03 00:00:00 ET · period of report 2023-10-01 · accession 0001666071-23-000139 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-10-03 | 2023-10-02 | CDLX | Lynton Nicholas Hollmeyer | Chief Legal, Privacy Off | S - Sale+OE | $14.31 | -12.8K | 46.5K | -22% | -$182.5K |
| DM | 2023-10-03 | 2023-10-01 | CDLX | Lynton Nicholas Hollmeyer | Chief Legal, Privacy Off | M - OptEx | — | +27.6K | 57.1K | +94% | — |
| DM | 2023-10-03 | 2023-10-01 | CDLX | Lynton Nicholas Hollmeyer | Chief Legal, Privacy Off | M - OptEx | $0.00 | -27.6K | 5,812 | -83% | $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 | 2023-10-02 | S | D | 6,900 | $13.55 | 50,161 | D | — | — | (F2) Shares sold to satisfy withholding tax obligations upon the delivery of shares of common stock for RSUs that vested on October 1, 2023. (F3) The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $13.21 to $14.20, 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 request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (3), (4) and (5) to this Form 4. |
| 2 | Common | Common Stock | 2023-10-01 | M | A | 25,000 | — | 54,486 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
| 3 | Common | Common Stock | 2023-10-02 | S | D | 47 | $16.35 | 44,310 | D | — | — | (F2) Shares sold to satisfy withholding tax obligations upon the delivery of shares of common stock for RSUs that vested on October 1, 2023. |
| 4 | Common | Common Stock | 2023-10-02 | S | D | 2,101 | $15.70 | 44,357 | D | — | — | (F2) Shares sold to satisfy withholding tax obligations upon the delivery of shares of common stock for RSUs that vested on October 1, 2023. (F5) The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $15.275 to $16.23, inclusive. |
| 5 | Common | Common Stock | 2023-10-02 | S | D | 3,703 | $14.92 | 46,458 | D | — | — | (F2) Shares sold to satisfy withholding tax obligations upon the delivery of shares of common stock for RSUs that vested on October 1, 2023. (F4) The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $14.27 to $15.265, inclusive. |
| 6 | Common | Common Stock | 2023-10-01 | M | A | 415 | — | 54,901 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
| 7 | Common | Common Stock | 2023-10-01 | M | A | 582 | — | 55,483 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
| 8 | Common | Common Stock | 2023-10-01 | M | A | 1,578 | — | 57,061 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
| 9 | Derivative | Restricted Stock Unit | 2023-10-01 | M | D | 415 | $0.00 | 0 | D | — · — to — | 415 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. (F7) This RSU award was originally for 830 shares. Fifty percent (50%) of the shares under this award vested on October 1, 2022, and fifty percent (50%) of this award vested on October 1, 2023. |
| 10 | Derivative | Restricted Stock Unit | 2023-10-01 | M | D | 25,000 | $0.00 | 50,000 | D | — · — to — | 25,000 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. (F6) This RSU award was originally for 100,000 shares. 25% of the RSUs award vested on each of July 1, 2023 and October 1, 2023. An additional 25% of the RSU award shall vest on each of January 1, 2024 and April 1, 2024, subject to the Reporting Person's continuous service with the Issuer through each applicable vesting date. |
| 11 | Derivative | Restricted Stock Unit | 2023-10-01 | M | D | 1,578 | $0.00 | 17,358 | D | — · — to — | 1,578 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. (F9) This RSU award was originally for 38,222 shares. Twenty-five percent (25%) of the shares under this award vested on July 1, 2023, with the remaining 75% vesting quarterly over the subsequent three years in equal amounts thereafter provided the Reporting Person continuously provides service to the Issuer through the vesting date. |
| 12 | Derivative | Restricted Stock Unit | 2023-10-01 | M | D | 582 | $0.00 | 5,812 | D | — · — to — | 582 Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. (F8) This RSU award was originally for 9,299 shares. Twenty-five percent (25%) of the shares under this award vested on April 1, 2023, with the remaining 75% vesting quarterly over the subsequent three years in equal amounts thereafter provided the Reporting Person continuously provides service to the Issuer through the vesting date. |