Andrew Christiansen - Jun 9, 2022 Form 4 Insider Report for Cardlytics, Inc. (CDLX)

Role
Chief Financial Officer
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
CDLX
Transactions as of
Jun 9, 2022
Transactions value $
$0
Form type
4
Date filed
7/20/2022, 04:57 PM
Previous filing
May 10, 2022
Next filing
Aug 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction CDLX Common Stock +Options Exercise $0 +1,875 +9.73% $0.00 21,138 Jun 9, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CDLX Performance Stock Unit -Options Exercise $0 -1,875 -50% $0.00 1,875 Jun 9, 2022 Common Stock 1,875 Direct F2, F3
transaction CDLX Restricted Stock Units +Grant/Award $0 +30,147 $0.00 30,147 Jul 18, 2022 Common Stock 30,147 Direct F4, F5

Explanation of Responses:

Id Content
F1 Represents the underlying vested shares of common stock of the Issuer which have not been delivered.
F2 Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3 On December 9, 2021 the Compensation Committee of the Issuer's Board of Directors certified that a target minimum growth rate in adjusted contribution was achieved (the "Certification") resulting in the award of the tranche of the PSU grant related to achieving the adjusted contribution growth target ("adjusted contribution growth tranche"). Fifty percent (50%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested upon the Certification, twenty-five percent (25%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested 6 months after the Certification, and twenty-five percent (25%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU will vest 12 months after the Certification, subject to continued service to the Issuer.
F4 Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer, or at the election of the Issuer, its cash equivalent.
F5 The RSUs shall vest in full on the anniversary of the date of grant, provided that the Reporting Person remains employed by the Issuer on such vesting date.