Claudia Mennen - 15 Feb 2023 Form 4 Insider Report for Loyalty Ventures Inc.

Role
BrandLoyalty CEO
Signature
Cynthia L. Hageman, Attorney in Fact
Issuer symbol
N/A
Transactions as of
15 Feb 2023
Net transactions value
-$9,750
Form type
4
Filing time
17 Feb 2023, 15:11:49 UTC
Previous filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYLT Common Stock Tax liability $6,327 -3,700 -8% $1.71* 42,360 15 Feb 2023 Direct F1
transaction LYLT Common Stock Tax liability $3,423 -1,956 -6.2% $1.75* 29,625 16 Feb 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
F2 The grant for 10,779 performance-based restricted stock units awarded on 2/15/2022 was forfeited due to failure to meet the performance metric.
F3 The total number of securities beneficially owned includes: (a) 6,268 unrestricted shares; (b) 6,347 unvested units from an award of 6,347 time-based restricted stock units granted 12/7/21; (c) 3,598 unvested units from an award of 10,580 time-based restricted stock units granted 12/7/21; and (d) 13,412 unvested units from an award of 20,017 time-based restricted stock units granted 2/15/22.