Blair F. Cameron - Dec 7, 2021 Form 4 Insider Report for Loyalty Ventures Inc. (LYLT)

Signature
Cynthia L. Hageman, Attorney in Fact
Stock symbol
LYLT
Transactions as of
Dec 7, 2021
Transactions value $
$0
Form type
4
Date filed
12/7/2021, 03:14 PM
Previous filing
Nov 4, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYLT Common Stock Award +7.61K +2386.21% 7.93K Dec 7, 2021 Direct F1, F2
transaction LYLT Common Stock Award +12.7K +159.98% 20.6K Dec 7, 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The award for 7,612 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 7,612 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 319 unrestricted shares resulting from the spinoff distribution by Alliance Data Systems Corporation on November 5, 2021.
F3 The award for 12,688 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 4,186 units on 2/16/2022, on 4,187 units on 2/16/2023 and on 4,315 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) 319 unrestricted shares; (b) the replacement grant for 7,612 time-based restricted stock units; and (c) the replacement grant for 12,688 time-based restricted stock units.