Key facts
- This page summarizes Barbara L. Rayner's Form 4 filing for Loyalty Ventures Inc..
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 05 Jun 2023, 08:31.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Other
Other
Additional SEC filing notes
Footnote F1
On March 10, 2023, Loyalty Ventures Inc. (the "Issuer") and certain of its subsidiaries (collectively with the Issuer, the "Debtors") filed voluntary petitions for relief under chapter 11 of title 11 of the United Stated Code in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"). On April 27, 2023, the Bankruptcy Court entered an order confirming the Debtors' First Amended Combined Disclosure Statement and Joint Chapter 11 Plan (as amended, modified or supplemented from time to time, the "Plan"). On June 2, 2023 (the "Effective Date"), the Plan became effective pursuant to its terms, the Debtors emerged from bankruptcy and all of the Issuer's common stock was cancelled automatically and without the receipt of any consideration pursuant to the Plan.
Footnote F2
On the Effective Date, all unvested time-based restricted stock units represented by shares of the Issuer's common stock were cancelled automatically and without the receipt of any consideration pursuant to the Plan.