Laura Santillan - 22 Oct 2021 Form 4 Insider Report for ALLIANCE DATA SYSTEMS CORP (BFH)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
26 Oct 2021, 16:05:23 UTC
Prior SEC filing
07 May 2021
Next SEC filing
04 Nov 2021
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Cynthia L. Hageman, Attorney in Fact

Key filing fact

Laura Santillan filed Form 4 for ALLIANCE DATA SYSTEMS CORP (BFH) on 26 Oct 2021.

Key facts

  • This page summarizes Laura Santillan's Form 4 filing for ALLIANCE DATA SYSTEMS CORP (BFH).
  • 1 reported transaction and 0 derivative rows are listed below.
  • Accepted by SEC: 26 Oct 2021, 16:05.

Change

  • Previous filing in this sequence was filed on 07 May 2021.
  • Current net transaction value: -$26,675.

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.

BFH transaction

Common Stock

Tax liability

Transaction value
$26,675
Shares
-275
Change %
-0.71%
Price
$97.00
Shares after
38,249
Date
22 Oct 2021
Ownership
Direct
Footnotes
F1, F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

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

Footnote F2

In connection with the planned spinoff of Loyalty Ventures Inc. from Alliance Data Systems Corporation, expected to be completed after market close on November 5, 2021, Ms. Santillan will be joining the executive team of Loyalty Ventures Inc. Certain of Ms. Santillan's outstanding equity awards have been accelerated effective October 22, 2021 and the remainder will be forfeited and replaced in equivalent value by Loyalty Ventures Inc. at a future date, consistent with the terms of the Employee Matters Agreement described in, and filed on, Form 10-12B/A by Loyalty Ventures Inc.

Footnote F3

The total number of securities beneficially owned includes: (a) 22,193 unrestricted shares; (b) 400 shares held in an IRA account; (c) 9,785 unvested time-based restricted stock units granted 2/16/21; and (d) 5,871 unvested performance-based restricted stock units granted 2/16/21.

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