Sosin Clifford's Form 4 filing
Cardlytics, Inc. (CDLX) · filed May 13, 2024
- Accession no.
- 0000921895-24-001134
- Filed
- May 13, 2024
- Trade date
- May 9-13, 2024
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market purchases total $2.88M. It was filed 4 days after the trade.
This filing was later replaced by the amendment 0000921895-24-001147 (May 14, 2024). Trade tables on this site use the amended version.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Sosin CliffordCIK 0001697919 | 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 9, 2024 | Common Stock | PPurchaseAcquired | +225,000 | $8.73 | +$1,964,250 | 6,361,113 | Indirect | |
| May 10, 2024 | Common Stock | PPurchaseAcquired | +100,000 | $8.79 | +$879,000 | 6,461,113 | Indirect | |
| May 13, 2024 | Common Stock | PPurchaseAcquired | +3,746 | $8.99 | +$33,676.54 | 6,464,859 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F2
Sosin Master directly holds $16,498,366 principal amount of the Issuer's 4.25% Convertible Senior Notes due April 1, 2029 (the "Notes") and CSWR directly holds $7,501,634 principal amount of the Notes. Subject to conditions described in the indenture governing the Notes, holders of the Notes have the right to convert all or any portion of such Notes into shares of Common Stock at an initial conversion rate of 55.4939 shares of Common Stock per $1,000 principal amount of Notes, subject to adjustment as described in the indenture.
Referenced by the price of 1 transaction in Table II.
- F3
As the Issuer has the option, at its sole discretion, to settle conversions of the Notes in cash, shares of Common Stock or a combination of cash and shares of Common Stock, none of the Reporting Person, Sosin Master or CSWR are deemed to be beneficial owners of any shares of Common Stock underlying the Notes for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, as the Reporting Person, Sosin Master and CSWR do not have the right to acquire such underlying shares of Common Stock.
Referenced by the price of 1 transaction in Table II.