Filing Details
- Accession Number:
- 0001666071-23-000085
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-07-05 19:48:34
- Reporting Period:
- 2023-07-01
- Accepted Time:
- 2023-07-05 19:48:34
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1666071 | Cardlytics Inc. | CDLX | Services-Computer Programming, Data Processing, Etc. (7370) | 263039436 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1941467 | Hollmeyer Nicholas Lynton | C/O Cardlytics, Inc. 675 Ponce De Leon Avenue Ne, Suite 6000 Atlanta GA 30308 | Chief Legal & Privacy Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-07-01 | 25,000 | $0.00 | 45,122 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-07-01 | 581 | $0.00 | 45,703 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-07-01 | 6,311 | $0.00 | 52,014 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-07-03 | 9,906 | $6.13 | 42,108 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Unit | Disposition | 2023-07-01 | 25,000 | $0.00 | 25,000 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2023-07-01 | 581 | $0.00 | 581 | $0.00 |
| Common Stock | Restricted Stock Unit | Disposition | 2023-07-01 | 6,311 | $0.00 | 6,311 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 75,000 | No | 4 | M | Direct | ||
| 6,394 | No | 4 | M | Direct | ||
| 18,936 | No | 4 | M | Direct |
Footnotes
- Represents the underlying vested shares of common stock of the Issuer which have not been delivered.
- Shares sold to satisfy withholding tax obligations upon the delivery of shares of common stock for restricted stock units ("RSUs") that vested on July 1, 2023.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.98 to $6.48 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 receipt, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- Each RSU represents a contingent right to receive one share of common stock of the Issuer, or at the election of the Issuer, its cash equivalent.
- 25% of the RSUs shall vest on each of July 1, 2023, October 1, 2023, January 1, 2024 and April 1, 2024, respectively, subject to the Reporting Person's continuous service with the Issuer through each applicable vesting date.
- Twenty-five percent (25%) of the shares under this award vest 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.
- This number of RSUs granted was previously incorrectly reported this represents the correct number of RSUs remaining.
- This grant was previously incorrectly reported as a performance stock unit.
- Each restricted stock unit ("RSU") and performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- Twenty-five percent (25%) of the shares under this award vest 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.
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