Bread Financial Holdings, Inc. - Nov 5, 2021 Form 4 Insider Report for Loyalty Ventures Inc. (LYLT)

Role: Director, 10%+ Owner
Signature: Benjamin L. Morgan, Assistant Secretary
Stock symbol: LYLT
Transactions as of: Nov 5, 2021
Transactions value $: $0
Form type: 4
Date filed: 11/9/2021, 03:03 PM
Previous filing: Nov 4, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LYLT	Common Stock	Other	$0	-19.9M	-81%	$0.00	4.67M	Nov 5, 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The transaction reported on this Form relates to the distribution on November 5, 2021 to holders of the Reporting Person's common stock of 81% of the issued and outstanding shares of the Issuer's common stock held by the Reporting Person (the "Distribution"). To effect the Distribution, 19,914,043 shares of the Issuer's common stock were distributed, by means of a pro rata dividend, to the holders of the Reporting Person's common stock (other than fractional shares, which will be aggregated and sold into the public market and the proceeds distributed to the stockholders of the Reporting Person).

Content

The transaction reported on this Form relates to the distribution on November 5, 2021 to holders of the Reporting Person's common stock of 81% of the issued and outstanding shares of the Issuer's common stock held by the Reporting Person (the "Distribution"). To effect the Distribution, 19,914,043 shares of the Issuer's common stock were distributed, by means of a pro rata dividend, to the holders of the Reporting Person's common stock (other than fractional shares, which will be aggregated and sold into the public market and the proceeds distributed to the stockholders of the Reporting Person).