Cardlytics Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
19 Agosto 2024 - 3:05PM
Cardlytics, Inc. (NASDAQ: CDLX), an advertising platform in
banks’ digital channels, today announced that, on August 19, 2024,
the Compensation Committee of Cardlytics’ Board of Directors
granted an aggregate of 49,900 restricted stock units of Cardlytics
to seven newly hired employees. The restricted stock units were
granted as material inducements to employment with Cardlytics in
accordance with Nasdaq Listing Rule 5635(c)(4) and were granted
under the Cardlytics, Inc. 2022 Inducement Plan (the “2022
Inducement Plan”).
For all of the grant recipients, 50% of the restricted stock
units shall vest on the first anniversary of the grant date, and
the remaining 50% shall vest quarterly over the subsequent 12
months, subject to the employees’ continuous service with
Cardlytics through the vesting date. The restricted stock units are
subject to the terms and conditions of the 2022 Inducement
Plan.
About Cardlytics
Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We
partner with financial institutions to run their rewards programs
that promote customer loyalty and deepen relationships. In turn, we
have a secure view into approximately 1 of every 2 card-based
transactions in the U.S., allowing us to see where and when
consumers are spending their money. We use these insights to help
marketers identify, reach, and influence likely buyers at scale, as
well as measure the true sales impact of marketing campaigns.
Headquartered in Atlanta, Cardlytics has offices in Menlo Park, Los
Angeles, New York, and London. Learn more at
www.cardlytics.com.
Contacts:
Public Relations: pr@cardlytics.com
Investor Relations:ir@cardlytics.com
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