Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CDLX | Restricted Stock Unit | Award | $0 | +300K | $0.00 | 300K | Mar 22, 2024 | Common Stock | 300K | 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 April 1, 2025, and the remaining 50% shall vest quarterly in equal amounts over the subsequent twelve-month period, provided that the Reporting Person remains employed by the Issuer on such vesting date. |