Scott D. Grimes - Jun 9, 2022 Form 4 Insider Report for Cardlytics, Inc. (CDLX)

Role
Director
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, 05:09 PM
Previous filing
May 9, 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 +19,688 +8.64% $0.00 247,560 Jun 9, 2022 Direct F1
holding CDLX Common Stock 55,832 Jun 9, 2022 See Footnote F2
holding CDLX Common Stock 53,112 Jun 9, 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% $0.00 19,687 Jun 9, 2022 Common Stock 19,688 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 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.