4//SEC Filing
Evans David Thomas 4
Accession 0001666071-20-000257
CIK 0001666071other
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 4:07 PM ET
Size
13.0 KB
Accession
0001666071-20-000257
Insider Transaction Report
Form 4
Cardlytics, Inc.CDLX
Evans David Thomas
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2020-08-26+10,937→ 12,559 total - Exercise/Conversion
Performance Stock Unit
2020-08-26−10,937→ 10,937 total→ Common Stock (10,937 underlying) - Sale
Common Stock
2020-08-27$81.70/sh−1,432$116,994→ 7,576 total - Sale
Common Stock
2020-08-27$80.10/sh−2,502$200,410→ 10,057 total - Sale
Common Stock
2020-08-27$80.81/sh−1,049$84,770→ 9,008 total
Footnotes (6)
- [F1]Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- [F2]Shares sold to satisfy withholding tax obligations upon the delivery of shares of common stock for PSUs that vested on August 26, 2020.
- [F3]The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $79.50 to $80.48, 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 ranges set forth in footnotes (3), (4) and (5) to this Form 4.
- [F4]The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $80.50 to $81.48, inclusive.
- [F5]The price reported is a weighted average sales price. These shares were sold in multiple transactions at prices ranging from $81.50 to $81.98, inclusive,
- [F6]On August 26, 2019, the Compensation Committee of the Issuer's Board of Directors certified that a target minimum trailing 30-day average closing price of the Issuer's common stock was achieved (the "Certification") resulting in the award of the tranche of the PSU grant related to achieving the stock price target ("stock price tranche"). Fifty percent (50%) of the shares subject to the stock price tranche of the awarded PSU vested upon the Certification and were delivered on November 25, 2019. Twenty-five percent (25%) of the shares subject to the stock price tranche of the awarded PSU vested on February 26, 2020, 6 months after the Certification. The final twenty-five percent (25%) of the shares subject to the stock price tranche of the awarded PSU vested on August 26, 2020, 12 months after the Certification.
Documents
Issuer
Cardlytics, Inc.
CIK 0001666071
Entity typeother
Related Parties
1- filerCIK 0001730451
Filing Metadata
- Form type
- 4
- Filed
- Aug 27, 8:00 PM ET
- Accepted
- Aug 28, 4:07 PM ET
- Size
- 13.0 KB