Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CDLX | Restricted Stock Units | Award | $0 | +350K | $0.00 | 350K | Aug 14, 2023 | Common Stock | 350K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer, or at the election of the Issuer, its cash equivalent. |
F2 | 50% of the RSUs shall vest on August 14, 2024 (the "Anniversary Date"), with the remaining 50% vesting in equal amounts quarterly over one year after the Anniversary Date, provided that the Reporting Person remains employed by the Issuer on such vesting date. |