Key facts
- This page summarizes Kirk L. Somers's Form 4 filing for Cardlytics, Inc. (CDLX).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 20 Jul 2022, 17:10.
Kirk L. Somers - 09 Jun 2022 Form 4 Insider Report for Cardlytics, Inc. (CDLX)
- Reporting relationship
- Chief Legal & Privacy Officer
- Issuer ticker
- CDLX
- Reported as of
- 09 Jun 2022
- Net transaction value
- -$13,910
- SEC form
- 4
- Accepted by SEC
- 20 Jul 2022, 17:10:41 UTC
- Prior SEC filing
- 26 May 2022
- Next SEC filing
- 22 Jun 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jason Minio, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kirk L. Somers filed Form 4 for Cardlytics, Inc. (CDLX) on 20 Jul 2022.
Change
- Previous filing in this sequence was filed on 26 May 2022.
- Current net transaction value: -$13,910.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CDLX
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +7,813
- Change %
- +17%
- Price
- $0.000000
- Shares after
- 53,130
- Date
- 09 Jun 2022
- Ownership
- Direct
- Footnotes
- F1
CDLX
transaction
Common Stock
Sale
- Transaction value
- $13,910
- Shares
- -1,000
- Change %
- -1.9%
- Price
- $13.91
- Shares after
- 52,130
- Date
- 20 Jul 2022
- Ownership
- Direct
- Footnotes
- F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CDLX
transaction
Derivative
Performance Stock Unit
Options Exercise
- Transaction value
- $0
- Shares
- -7,813
- Change %
- -50%
- Price
- $0.000000
- Shares after
- 7,812
- Date
- 09 Jun 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 7,813
- Exercise price
- Footnotes
- F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Represents the underlying vested shares of common stock of the Issuer which have not been delivered.
Footnote F2
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2021.
Footnote F3
Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock.
Footnote F4
On December 9, 2021 the Compensation Committee of the Issuer's Board of Directors certified that a target minimum growth rate in adjusted contribution was achieved (the "Certification") resulting in the award of the tranche of the PSU grant related to achieving the adjusted contribution growth target ("adjusted contribution growth tranche"). Fifty percent (50%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested upon the Certification, twenty-five percent (25%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested 6 months after the Certification, and twenty-five percent (25%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU will vest 12 months after the Certification, subject to continued service to the Issuer.