Scott D. Grimes - 09 Jun 2022 Form 4 Insider Report for Cardlytics, Inc. (CDLX)

Role: Director
Signature: /s/ Jason Minio, Attorney-in-Fact
Issuer symbol: CDLX
Transactions as of: 09 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 20 Jul 2022, 17:09:02 UTC
Previous filing: 09 May 2022
Next filing: 08 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CDLX	Common Stock	Options Exercise	$0	+19,688	+8.6%	$0.000000	247,560	09 Jun 2022	Direct	F1
holding	CDLX	Common Stock						55,832	09 Jun 2022	See Footnote	F2
holding	CDLX	Common Stock						53,112	09 Jun 2022	See Footnote	F3

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	-19,688	-50%	$0.000000	19,687	09 Jun 2022	Common Stock	19,688		Direct	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the underlying vested shares of common stock of the Issuer which have not been delivered.
F2	The reportable securities are held by the UTMA Custodial account fbo Pierce Grimes.
F3	The reportable securities are held by the 2013 Scott Grimes GRAT UAD (the "GRAT").
F4	Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F5	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.