Santillan Laura 4
4 · Loyalty Ventures Inc. · Filed Dec 7, 2021
Insider Transaction Report
Form 4
Santillan Laura
SVP, Chief Accounting Officer
Transactions
- Award
Common Stock
2021-12-07+5,256→ 14,293 total - Award
Common Stock
2021-12-07+8,761→ 23,054 total
Footnotes (4)
- [F1]The award for 5,256 shares of common stock represented by time-based restricted stock units is a replacement for equity forfeited by Alliance Data Systems Corporation at the time of the spinoff as provided in the Employee Matters Agreement. The restrictions will lapse on all 5,256 units on 2/16/2024, subject to continued employment by the Reporting Person with the Issuer on the vesting date.
- [F2]The total number of securities beneficially owned includes 9,037 unrestricted shares resulting from the spinoff distribution by Alliance Data Systems Corporation on November 5, 2021.
- [F3]The award for 8,761 shares of common stock represented by time-based restricted stock units is a replacement for equity forfeited by Alliance Data Systems Corporation at the time of the spinoff as provided in the Employee Matters Agreement. The restrictions will lapse on 2,890 units on 2/16/2022, on 2,891 units on 2/16/2023 and on 2,980 units on 2/16/2024, subject to continued employment by the Reporting Person with the Issuer on the vesting dates.
- [F4]The total number of securities beneficially owned includes: (a) 9,037 unrestricted shares; (b) the replacement grant for 5,256 time-based restricted stock units; and (c) the replacement grant for 8,761 time-based restricted stock units.