Nicholas Hollmeyer Lynton - 29 Jan 2025 Form 4 Insider Report for Cardlytics, Inc. (CDLX)

Role
Chief Legal & Privacy Officer
Signature
/s/ Nick Lynton
Issuer symbol
CDLX
Transactions as of
29 Jan 2025
Net transactions value
-$10,776
Form type
4
Filing time
30 Jan 2025, 19:10:47 UTC
Previous filing
06 Jan 2025
Next filing
21 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CDLX Common Stock Options Exercise +6,312 +6.9% 98,083 29 Jan 2025 Direct F1
transaction CDLX Common Stock Sale $10,776 -3,377 -3.4% $3.19 94,706 30 Jan 2025 Direct F2, F3

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 Award $0 +6,312 $0.000000 6,312 29 Jan 2025 Common Stock 6,312 Direct F1, F4
transaction CDLX Performance Stock Unit Options Exercise $0 -6,312 -100% $0.000000 0 29 Jan 2025 Common Stock 6,312 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance stock unit ("PSU") 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 Shares were sold solely to satisfy tax withholding obligations that resulted from the delivery of shares of common stock for PSUs that were granted and vested on January 29, 2025. The Reporting Person did not sell shares for any other purpose.
F3 The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $3.14 to $3.25, 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 footnote (3).
F4 On January 29, 2025 the Compensation Committee of the Issuer's Board of Directors certified that a certain achievement of a milestone related to the installation of the Company's Ad Server at the Company's FI Partners was met, resulting in the immediate vesting of this award.