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	+19.7K	+8.25%	$0.00	258K	Oct 6, 2022	Direct	F1
holding	CDLX	Common Stock						55.8K	Oct 6, 2022	See Footnote	F2
holding	CDLX	Common Stock						53.1K	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	-19.7K	-100%	$0.00^*	0	Oct 6, 2022	Common Stock	19.7K		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.
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.