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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.