Company: CDLX
Filing Date: 2025-04-03
Form Type: DEF 14A
Source: 0001666071-25-000046
Chunk: 67

Company: Cardlytics, Inc.
Filing Date: 2025-04-03
Form: DEF 14A
Chunk 67
---
 614,796 |
| Ms. DeSieno             |     |                        114,796 |
| Mr. Lynton              |     |                         85,035 |

Except for Mr. Temsamani's RSUs, those RSUs vested or will vest in eight equal installments beginning on July 1, 2024, contingent upon the Named Executive Officer remaining continuously employed by us through each applicable vesting date. Subject to any capitalization adjustment (as defined in the 2018 Equity Incentive Plan), one share of our common stock (or its cash equivalent, at the discretion of the Company) will be issued for each RSU that vests.

Equity Award Grant to Mr. Temsamani

On March 22, 2024, our Compensation Committee approved the grant of 300,000 RSUs to Mr. Temsamani, our Chief Executive Officer, as part of his 2024 annual compensation review. The RSU award is subject to the terms of the RSU award agreement by and between the Company and Mr. Temsamani. Fifty percent of the RSUs would have vested on April 1, 2025, and the remaining fifty percent would have vested quarterly in equal amounts over the subsequent twelve-month period, subject to Mr. Temsamani's continued employment with the Company. On August 16, 2024, Mr. Temsamani resigned as Chief Executive Officer. In connection with this resignation the RSU award was forfeited in full.

<div align='center'>43</div>

Promotion Equity Award Grant to Mr. Gupta

On March 22, 2024, our Compensation Committee approved the grant of 114,796 RSUs to Mr. Gupta, our Chief Operating Officer, as part of his 2024 annual compensation review. The RSUs vested or will vest in eight equal installments on July 1, 2024, October 1, 2024, January 1, 2025, April 1, 2025, July 1, 2025, October 1, 2025, January 1, 2026 and April 1, 2026, provided that the he remains employed by us on such vesting date. On August 16, 2024 Mr. Gupta was promoted from Chief Operating Officer to Chief Executive Officer. In connection with Mr. Gupta's promotion, he was also granted the following RSU awards:

• An RSU award for 500,000 shares (