Blair F. Cameron - 15 Feb 2022 Form 4 Insider Report for Loyalty Ventures Inc.

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
17 Feb 2022, 15:18:21 UTC
Prior SEC filing
07 Dec 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Cynthia L. Hageman, Attorney in Fact

Key filing fact

Blair F. Cameron filed Form 4 for Loyalty Ventures Inc. on 17 Feb 2022.

Key facts

  • This page summarizes Blair F. Cameron's Form 4 filing for Loyalty Ventures Inc..
  • 3 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 17 Feb 2022, 15:18.

Change

  • Previous filing in this sequence was filed on 07 Dec 2021.
  • Current net transaction value: -$49,607.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

LYLT transaction

Common Stock

Award

Transaction value
Shares
+24,007
Change %
+116%
Price
Shares after
44,626
Date
15 Feb 2022
Ownership
Direct
Footnotes
F1
LYLT transaction

Common Stock

Award

Transaction value
Shares
+12,927
Change %
+29%
Price
Shares after
57,553
Date
15 Feb 2022
Ownership
Direct
Footnotes
F2
LYLT transaction

Common Stock

Tax liability

Transaction value
$49,607
Shares
-2,010
Change %
-3.5%
Price
$24.68*
Shares after
55,543
Date
16 Feb 2022
Ownership
Direct
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

The new grant is for 24,007 shares of common stock represented by time-based restricted stock units. The time restrictions may lapse on 7,922 units on each of 2/15/23 and 2/15/24 and on 8,163 units on 2/15/25 subject to continued employment by the Reporting Person with the Issuer on the vesting date.

Footnote F2

The new grant is for 12,927 shares of common stock represented by performance-based restricted stock units, which may be adjusted up or down from 0% to 150% at the time the performance restriction lapses, contingent on meeting a predetermined 2022 consolidated adjusted EBITDA performance measure. Further time restrictions may lapse with respect to 33% of such shares on each of 2/15/23 and 2/15/24 and with respect to 34% of such shares on 2/15/25 subject to continued employment by the Reporting Person with the Issuer on the vesting date.

Footnote F3

Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.

Footnote F4

The total number of securities beneficially owned includes: (a) 2495 unrestricted shares; (b) 7,612 unvested units from an award of 7,612 time-based restricted stock units granted 12/7/21; (c) 8,502 unvested time-based restricted stock units from an award of 12,688 time-based restricted stock units granted 12/7/21; (d) the new grant for 24,007 time-based restricted stock units; and (e) the new grant for 12,927 performance-based restricted stock units.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .