Karim Saad Temsamani - 01 Jun 2024 Form 4 Insider Report for Cardlytics, Inc. (CDLX)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
04 Jun 2024, 20:11:11 UTC
Prior SEC filing
02 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Nick Lynton, Attorney-in-Fact

Key filing fact

Karim Saad Temsamani filed Form 4 for Cardlytics, Inc. (CDLX) on 04 Jun 2024.

Key facts

  • This page summarizes Karim Saad Temsamani's Form 4 filing for Cardlytics, Inc. (CDLX).
  • 3 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 04 Jun 2024, 20:11.

Change

  • Previous filing in this sequence was filed on 02 Apr 2024.
  • Current net transaction value: -$373,281.

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.

CDLX transaction

Common Stock

Options Exercise

Transaction value
Shares
+84,079
Change %
+24%
Price
Shares after
428,659
Date
01 Jun 2024
Ownership
Direct
Footnotes
F1
CDLX transaction

Common Stock

Sale

Transaction value
$373,281
Shares
-43,129
Change %
-10%
Price
$8.66
Shares after
385,530
Date
04 Jun 2024
Ownership
Direct
Footnotes
F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CDLX transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value
$0
Shares
-84,079
Change %
-10%
Price
$0.000000
Shares after
756,710
Date
01 Jun 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
84,079
Exercise price
Footnotes
F1, 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

Each 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.

Footnote F2

Shares were sold solely to satisfy tax withholding obligations that resulted from the delivery of shares of common stock for RSUs that vested on June 1, 2024. The Reporting Person did not sell shares for any other purpose.

Footnote F3

The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $8.55 to $8.83, 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 this footnote (3).

Footnote F4

25% of the RSUs vested on September 1, 2023, with the remaining 75% having vested or vesting in equal amounts over the subsequent three years quarterly thereafter, provided that the Reporting Person remains employed by the Issuer on such vesting date.

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