BREAD FINANCIAL HOLDINGS, INC. - 05 Nov 2021 Form 4 Insider Report for Loyalty Ventures Inc.

Role: Director, 10%+ Owner
Signature: Benjamin L. Morgan, Assistant Secretary
Issuer symbol: N/A
Transactions as of: 05 Nov 2021
Net transactions value: $0
Form type: 4
Filing time: 09 Nov 2021, 15:03:13 UTC
Previous filing: 04 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LYLT	Common Stock	Other	$0	-19,914,043	-81%	$0.000000	4,671,194	05 Nov 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction reported on this Form relates to the distribution on November 5, 2021 to holders of the Reporting Person's common stock of 81% of the issued and outstanding shares of the Issuer's common stock held by the Reporting Person (the "Distribution"). To effect the Distribution, 19,914,043 shares of the Issuer's common stock were distributed, by means of a pro rata dividend, to the holders of the Reporting Person's common stock (other than fractional shares, which will be aggregated and sold into the public market and the proceeds distributed to the stockholders of the Reporting Person).

Content

The transaction reported on this Form relates to the distribution on November 5, 2021 to holders of the Reporting Person's common stock of 81% of the issued and outstanding shares of the Issuer's common stock held by the Reporting Person (the "Distribution"). To effect the Distribution, 19,914,043 shares of the Issuer's common stock were distributed, by means of a pro rata dividend, to the holders of the Reporting Person's common stock (other than fractional shares, which will be aggregated and sold into the public market and the proceeds distributed to the stockholders of the Reporting Person).