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Grindr Inc. Director's Dealing 2024

Apr 2, 2024

31379_dirs_2024-04-02_7e20007f-03d0-4a5f-b0e5-a9c551268b26.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: 2024-04-01

Reporting Person: Zage George Raymond III (N/A)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-04-01 Call Option (right to buy) $7.51 P 222605 Acquired 2024-12-31 Common Stock (222605) Indirect
2024-04-01 Call Option (right to buy) $6.69 P 258728 Acquired 2024-12-31 Common Stock (258728) Indirect
2024-04-01 Call Option (right to buy) $6.46 P 142805 Acquired 2024-12-31 Common Stock (142805) Indirect

Footnotes

F1: The exercise price may be adjusted for certain pre-specified events, including stock splits, stock dividends, and if at any time the then volume weighted average price of the Issuer's Common Stock for the previous five consecutive trading days is less than or equal to $5.00 (as may be adjusted for similar prior adjustments).

F2: The Option is held by Big Timber Holdings, LLC, a Nevis limited liability company ("Big Timber"). The Reporting Person is the Manager and sole member of Big Timber and exercises ultimate voting and investment power over the Option and any shares of the Issuer's Common Stock that may be acquired by Big Timber as a result of exercise of the Option.

F3: The exercise price may be adjusted for certain pre-specified events, including stock splits, stock dividends, and if at any time the then volume weighted average price of the Issuer's Common Stock for the previous five consecutive trading days is less than or equal to $4.86 (as may be adjusted for similar prior adjustments).

F4: The exercise price may be adjusted for certain pre-specified events, including stock splits, stock dividends, and if at any time the then volume weighted average price of the Issuer's Common Stock for the previous five consecutive trading days is less than or equal to $4.69 (as may be adjusted for similar prior adjustments).