Scott D. Grimes - Oct 6, 2022 Form 4 Insider Report for Cardlytics, Inc. (CDLX)

Role
Director
Signature
/s/ Jason Minio, Attorney-in-Fact
Stock symbol
CDLX
Transactions as of
Oct 6, 2022
Transactions value $
$0
Form type
4
Date filed
11/3/2022, 04:12 PM
Previous filing
Aug 8, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction CDLX Common Stock +Options Exercise $0 +19,687 +8.25% $0.00 258,281 Oct 6, 2022 Direct F1
holding CDLX Common Stock 55,832 Oct 6, 2022 See Footnote F2
holding CDLX Common Stock 53,112 Oct 6, 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 -19,687 -100% $0.00 0 Oct 6, 2022 Common Stock 19,687 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.
F4 Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F5 On October 6, 2021 the Compensation Committee of the Issuer's Board of Directors certified that a target minimum number of advertisers with a specified billings threshold over a trailing 12-month period was achieved (the "October Certification") resulting in the award of the tranche of the PSU grant related to achieving the advertiser count target ("advertiser tranche"). Fifty percent (50%) of the shares subject to the advertiser tranche of the awarded PSU vested upon the October Certification, twenty-five percent (25%) of the shares subject to the advertiser tranche of the awarded PSU vested 6 months after the October Certification, and twenty-five percent (25%) of the shares subject to the advertiser tranche of the awarded PSU vested 12 months after the October Certification.