0001062993-22-004721.txt : 20220217 0001062993-22-004721.hdr.sgml : 20220217 20220217161754 ACCESSION NUMBER: 0001062993-22-004721 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220215 FILED AS OF DATE: 20220217 DATE AS OF CHANGE: 20220217 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Mennen Claudia CENTRAL INDEX KEY: 0001882718 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40776 FILM NUMBER: 22648341 MAIL ADDRESS: STREET 1: 7500 DALLAS PARKWAY, SUITE 700 CITY: PLANO STATE: TX ZIP: 75024 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Loyalty Ventures Inc. CENTRAL INDEX KEY: 0001870997 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] IRS NUMBER: 871353472 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7500 DALLAS PARKWAY STREET 2: SUITE 700 CITY: PLANO STATE: TX ZIP: 75024 BUSINESS PHONE: (972) 338-5170 MAIL ADDRESS: STREET 1: 7500 DALLAS PARKWAY STREET 2: SUITE 700 CITY: PLANO STATE: TX ZIP: 75024 4 1 form4.xml STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES X0306 4 2022-02-15 0001870997 Loyalty Ventures Inc. LYLT 0001882718 Mennen Claudia 7500 DALLAS PARKWAY, SUITE 700 PLANO TX 75024 0 1 0 0 BrandLoyalty CEO Common Stock 2022-02-15 4 A 0 20017 A 37218 D Common Stock 2022-02-15 4 A 0 10779 A 47997 D Common Stock 2022-02-16 4 F 0 1937 24.68 D 46060 D The new grant is for 20,017 shares of common stock represented by time-based restricted stock units. The time restrictions may lapse on 6,605 units on 2/15/23, on 6,606 units on 2/15/24 and on 6,806 units on 2/15/25 subject to continued employment by the Reporting Person with the Issuer on the vesting date. The new grant is for 10,779 shares of common stock represented by performance-based restricted stock units, which may be adjusted up or down from 0% to 150% at the time the performance restriction lapses, contingent on meeting a predetermined 2022 consolidated adjusted EBITDA performance measure. Further time restrictions may lapse with respect to 33% of such shares on each of 2/15/23 and 2/15/24 and with respect to 34% of such shares on 2/15/25 subject to continued employment by the Reporting Person with the Issuer on the vesting date. Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units. The total number of securities beneficially owned includes: (a) 1,827 unrestricted shares; (b) 6,347 unvested units from an award of 6,347 time-based restricted stock units granted 12/7/21; (c) 7,090 unvested time-based restricted stock units from an award of 10,580 time-based restricted stock units granted 12/7/21; (d) the new grant for 20,017 time-based restricted stock units; and (e) the new grant for 10,779 performance-based restricted stock units. Cynthia L. Hageman, Attorney in Fact 2022-02-17