Cardlytics director gains 11,000 shares via RSU vest
Cardlytics director Liane Hornsey reported routine equity compensation activity.
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Rhea-AI Filing Summary
Cardlytics director Liane Hornsey reported routine equity compensation activity. She acquired 11,000 shares of Common Stock through the vesting and conversion of previously granted restricted stock units (RSUs), leaving her with 33,326 Common shares held directly after the transactions.
On the same date, she also received a new grant of 11,000 RSUs, each representing a contingent right to one Cardlytics common share or its cash equivalent, which will vest in full on the one-year anniversary of the grant if she remains a director.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 11,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 11,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock of the Issuer, or at the election of the Issuer, its cash equivalent.
- F2. The RSUs shall vest in full on the one-year anniversary of the date of grant, provided that the Reporting Person remains a director of the Issuer on such vesting date.
- F3. The RSUs vested in full on the one-year anniversary of the date of grant.
Key Figures
Key Terms
Restricted Stock Unit financial
contingent right financial
cash equivalent financial
vest in full financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Cardlytics (CDLX) director Liane Hornsey report in this Form 4?
What are the terms of Liane Hornsey’s new 11,000 RSU grant at Cardlytics (CDLX)?
How many restricted stock units did Liane Hornsey have before and after the Cardlytics (CDLX) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.