Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LYLT | Common Stock | Award | +4.89K | +268.16% | 6.72K | Dec 7, 2021 | Direct | F1, F2 | ||
transaction | LYLT | Common Stock | Award | +8.16K | +121.4% | 14.9K | Dec 7, 2021 | Direct | F3, F4 |
Id | Content |
---|---|
F1 | The award for 4,894 shares of common stock represented by time-based restricted stock units is a replacement for equity forfeited by Alliance Data Systems Corporation at the time of the spinoff as provided in the Employee Matters Agreement. The restrictions will lapse on all 4,894 units on 2/16/2024, subject to continued employment by the Reporting Person with the Issuer on the vesting date. |
F2 | The total number of securities beneficially owned includes 1,825 unrestricted shares resulting from the spinoff distribution by Alliance Data Systems Corporation on November 5, 2021. |
F3 | The award for 8,157 shares of common stock represented by time-based restricted stock units is a replacement for equity forfeited by Alliance Data Systems Corporation at the time of the spinoff as provided in the Employee Matters Agreement. The restrictions will lapse on 2,691 units on 2/16/2022, on 2,692 units on 2/16/2023 and on 2,774 units on 2/16/2024, subject to continued employment by the Reporting Person with the Issuer on the vesting date. |
F4 | The total number of securities beneficially owned includes: (a) 1,825 unrestricted shares; (b) the replacement grant for 4,894 time-based restricted stock units; and (c) the replacement grant for 8,157 time-based restricted stock units. |