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Loyalty Ventures (LYLT) director Rayner disposed of 27,539 shares

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Insider transactions reported

Barbara L Rayner (director at Loyalty Ventures Inc., LYLT) reported that they disposed of 27,539 shares on Jun 2, 2023. After these transactions the filing shows 0 shares held directly.

Reporting person
Rayner Barbara L
Common stock and other non-derivative transactions
DateTypeSecuritySharesPriceValueHeld after
Jun 2, 2023Other acquisition or disposition (J)Common Stock1, 2-27,539--0 direct

Holdings before and after

  • Common Stock: 27,539 to 0 direct

Footnotes from the filing

  1. 1. On March 10, 2023, Loyalty Ventures Inc. (the Issuer ) and certain of its subsidiaries (collectively with the Issuer, the Debtors ) filed voluntary petitions for relief under chapter 11 of title 11 of the United Stated Code in the United States Bankruptcy Court for the Southern District of Texas (the Bankruptcy Court ). On April 27, 2023, the Bankruptcy Court entered an order confirming the Debtors' First Amended Combined Disclosure Statement and Joint Chapter 11 Plan (as amended, modified or supplemented from time to time, the Plan ). On June 2, 2023 (the Effective Date ), the Plan became effective pursuant to its terms, the Debtors emerged from bankruptcy and all of the Issuer's common stock was cancelled automatically and without the receipt of any consideration pursuant to the Plan.
  2. 2. On the Effective Date, all unvested time-based restricted stock units represented by shares of the Issuer's common stock were cancelled automatically and without the receipt of any consideration pursuant to the Plan.

Transaction codes in this filing

Other acquisition or disposition:
Code J marks a transaction that fits no other code. The footnotes describe what happened.

FAQ

What did Rayner report in this LYLT Form 4?

Barbara L Rayner (director at Loyalty Ventures Inc., LYLT) reported that they disposed of 27,539 shares on Jun 2, 2023. After these transactions the filing shows 0 shares held directly.

How many LYLT shares does Rayner hold after this filing?

The filing shows 0 shares held directly after the reported transactions. Form 4 reports only the positions it lists, so this may not be every holding.

What does transaction code J mean on an SEC Form 4?

Code J marks a transaction that fits no other code. The footnotes describe what happened.

Historical context for LYLT

Earlier insider filings at LYLT

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