Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CDLX | Common Stock | +Options Exercise | $0 | +1,875 | +9% | $0.00 | 22,715 | Oct 6, 2022 | Direct | F1 |
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 | -1,875 | -100% | $0.00 | 0 | Oct 6, 2022 | Common Stock | 1,875 | Direct | F2, F3 |
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. |