Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Grindr Inc. Director's Dealing 2025

Mar 6, 2025

31379_dirs_2025-03-05_96deed98-bfa5-442a-b2f7-ddb1b7f59187.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Grindr Inc. (GRND)
CIK: 0001820144
Period of Report: 2025-03-03

Reporting Person: Balance Austin J (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2025-03-03 Common Stock M 26305 $4.20 Acquired 666950 Direct
2025-03-03 Common Stock S 26305 $18.68 Disposed 640645 Direct
2025-03-04 Common Stock F 34379 $18.24 Disposed 606266 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2025-03-03 Stock Option (right to buy) $4.20 M 26305 Disposed 2028-12-07 Common Stock (26305) Direct

Footnotes

F1: The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on September 17, 2024.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.46 to $19.00, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.

F3: The Reporting Person is reporting the withholding by the Issuer of an aggregate of 34,379 shares of common stock that vested on February 26, 2025 pursuant to restricted stock units ("RSUs") but that were not issued in order to satisfy the Reporting Person's tax withholding obligations upon settlement of the RSUs.

F4: The stock option award was granted to the Reporting Person on December 7, 2021, and initially represented a right to purchase a total of 420,881 shares upon vesting. 1/12 of the shares subject to the stock option vested on December 3, 2022, and 1/12 of the shares vested or will vest quarterly thereafter.