4//SEC Filing
HORN CHARLES L 4
Accession 0001062993-22-004718
CIK 0001870997other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:16 PM ET
Size
7.1 KB
Accession
0001062993-22-004718
Insider Transaction Report
Form 4
HORN CHARLES L
DirectorPresident & CEO
Transactions
- Award
Common Stock
2022-02-15+29,547→ 133,161.605 total - Award
Common Stock
2022-02-15+54,872→ 103,614.605 total
Footnotes (3)
- [F1]The new grant is for 54,872 shares of common stock represented by time-based restricted stock units. The time restrictions may lapse on 18,107 units on 2/15/23, on 18,108 units on 2/15/24 and on 18,657 units on 2/15/25 subject to continued employment by the Reporting Person with the issuer on the vesting date.
- [F2]The new grant is for 29,547 shares of common stock represented by performance-based restricted stock units, which may be adjusted up or down from 0% to 150% at the time the performance restriction lapses, contingent on meeting a predetermined 2022 consolidated adjusted EBITDA performance measure. Further time restrictions may lapse with respect to 33% of such shares on each of 2/15/23 and 2/15/24 and with respect to 34% of such shares on 2/15/25 subject to continued employment by the Reporting Person with the issuer on the vesting date.
- [F3]The total number of securities beneficially owned includes: (a) 15,796.605 unrestricted shares; (b) 32,946 unvested units from an award of 32,946 time-based restricted stock units granted 12/15/21; (c) the new grant for 54,872 time-based restricted stock units; and (d) the new grant for 29,547 performance-based restricted stock units.
Issuer
Loyalty Ventures Inc.
CIK 0001870997
Entity typeother
Related Parties
1- filerCIK 0001326952
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:16 PM ET
- Size
- 7.1 KB