Santillan Laura 4
4 · ALLIANCE DATA SYSTEMS CORP · Filed Oct 26, 2021
Insider Transaction Report
Form 4
Santillan Laura
SVP, Chief Acctg. Officer
Transactions
- Tax Payment
Common Stock
2021-10-22$97.00/sh−275$26,675→ 38,249 total
Footnotes (3)
- [F1]Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- [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.
- [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.