Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CDLX | Common Stock | Options Exercise | $0 | +175K | $0.00 | 175K | Jan 23, 2024 | Direct | ||
transaction | CDLX | Common Stock | Sale | -$443K | -72.7K | -41.52% | $6.10 | 102K | Jan 24, 2024 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CDLX | Restricted Stock Unit | Options Exercise | $0 | -175K | -50% | $0.00 | 175K | Jan 23, 2024 | Common Stock | 175K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | Shares were sold solely to satisfy withholding tax obligations that resulted from the delivery of shares of common stock for RSUs that vested on January 23, 2024. The Reporting Person did not sell shares for any other purpose. |
F2 | The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $5.95 to $6.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (2). |
F3 | Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer. |
F4 | The RSU award was originally for 350,000 shares. 50% of the RSUs vested on January 23, 2024 (the "Anniversary Date"), with the remaining 50% vesting in equal amounts quarterly over the one year period following the Anniversary Date, provided that the Reporting Person remains employed by the Issuer on such vesting date. |