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Grindr Inc. — Director's Dealing 2022
Dec 16, 2022
31379_dirs_2022-12-16_6ce62797-5015-4751-af5e-bbc10170b6e1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Grindr Inc. (GRND)
CIK: 0001820144
Period of Report: 2022-12-14
Reporting Person: Zage George Raymond III (Director, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-12-14 | Common Stock, par value $0.0001 per share | C | 381314 | $2398439.50 | Acquired | 72387647 | Indirect |
| 2022-12-14 | Common Stock, par value $0.0001 per share | C | 554639 | $2398439.50 | Acquired | 72942286 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-12-14 | Options | $2.56 | C | 381314 | Disposed | Common Stock (381314) | Indirect | |
| 2022-12-14 | Options | $ | P | 554639 | Acquired | Common Stock (554639) | Indirect | |
| 2022-12-14 | Options | $2.56 | C | 554639 | Disposed | Common Stock (554639) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.0001 per share | 5200000 | Direct |
Footnotes
F1: Relates to the exercise of an option to acquire Common Stock of the Issuer from another shareholder within 30 days of the consummation of the Business Combination (as defined in the Issuer's proxy statement (Registration No. 333-264902) ("Proxy")).
F2: As described in the Proxy, shares of the Issuer's Common Stock were issued to San Vicente Holdings LLC, ("SVH") in exchange for Grindr Group LLC ("LG") Series X ordinary units indirectly held by SVH. The Reporting Person indirectly had a 43% non-voting, economic only interest in LG through Tiga SVH Investments Ltd. ("TSVH"), which held a 54.1% non-voting, economic only interest in SVH. Tiga Investments Pte. Ltd. ("TI") is the sole equityholder of TSVH and exercises ultimate voting and investment power of the shares held by TSVH. TI acquired the right to exercise the options and has exercised and upon settlement will receive the shares of Common Stock disclosed herein, being 935,953 shares of Common Stock, with the remaining 72,006,333 shares of Common Stock that are indirectly held by the Reporting Person being held by TSVH. The Reporting Person is the sole equityholder of TI and exercises ultimate voting and investment power of the shares held by TI.
F3: The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F4: TI acquired from Longview Capital SVH LLC the right to receive shares in respect of an option to acquire 554,639 shares of Common Stock of the Issuer from another shareholder within 30 days of the consummation of the Business Combination and exercised that option upon acquisition. TI has granted Longview Capital Holdings LLC the option to acquire up to 297,157 shares of Common Stock at an exercise price of $5.52 per share which is exercisable before or on June 15, 2023.