Claudia Mennen - Feb 15, 2023 Form 4 Insider Report for Loyalty Ventures Inc. (LYLT)

Role
BrandLoyalty CEO
Signature
Cynthia L. Hageman, Attorney in Fact
Stock symbol
LYLT
Transactions as of
Feb 15, 2023
Transactions value $
-$9,750
Form type
4
Date filed
2/17/2023, 03:11 PM
Previous filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LYLT Common Stock Tax liability -$6.33K -3.7K -8.03% $1.71* 42.4K Feb 15, 2023 Direct F1
transaction LYLT Common Stock Tax liability -$3.42K -1.96K -6.19% $1.75* 29.6K Feb 16, 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.