SOMERS KIRK 4
4 · Cardlytics, Inc. · Filed Jul 20, 2022
Insider Transaction Report
Form 4
Cardlytics, Inc.CDLX
SOMERS KIRK
Chief Legal & Privacy Officer
Transactions
- Sale
Common Stock
2022-07-20$13.91/sh−1,000$13,910→ 52,130 total - Exercise/Conversion
Performance Stock Unit
2022-06-09−7,813→ 7,812 total→ Common Stock (7,813 underlying) - Exercise/Conversion
Common Stock
2022-06-09+7,813→ 53,130 total
Footnotes (4)
- [F1]Represents the underlying vested shares of common stock of the Issuer which have not been delivered.
- [F2]This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 8, 2021.
- [F3]Each performance stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Common Stock.
- [F4]On December 9, 2021 the Compensation Committee of the Issuer's Board of Directors certified that a target minimum growth rate in adjusted contribution was achieved (the "Certification") resulting in the award of the tranche of the PSU grant related to achieving the adjusted contribution growth target ("adjusted contribution growth tranche"). Fifty percent (50%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested upon the Certification, twenty-five percent (25%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU vested 6 months after the Certification, and twenty-five percent (25%) of the shares subject to the adjusted contribution growth tranche of the awarded PSU will vest 12 months after the Certification, subject to continued service to the Issuer.