Andrew Christiansen - Oct 6, 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: Oct 6, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/3/2022, 04:13 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	+1.88K	+9%	$0.00	22.7K	Oct 6, 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	-1.88K	-100%	$0.00^*	0	Oct 6, 2022	Common Stock	1.88K		Direct	F2, F3

* 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	Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock.
F3	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.