AI assistant
Grindr Inc. — Director's Dealing 2025
Jan 31, 2025
31379_dirs_2025-01-31_925a63ac-5c08-4052-a045-92b393550cfa.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Grindr Inc. (GRND)
CIK: 0001820144
Period of Report: 2025-01-29
Reporting Person: GEARON J MICHAEL JR (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-29 | Warrants | $11.50 | S | 175000 | Disposed | Common Stock (175000) | Indirect | |
| 2025-01-30 | Warrants | $11.50 | S | 150000 | Disposed | Common Stock (150000) | Indirect |
Footnotes
F1: The warrants are currently exercisable and were originally scheduled to expire at 5:00 p.m., New York City time, on November 18, 2027 or earlier upon redemption or the Issuer's liquidation. On January 23, 2025, the Issuer announced a redemption of its outstanding warrants on February 24, 2025.
F2: The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $6.46 to $6.61. The Reporting Person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3: The Reporting Person's Form 3 filed on November 22, 2022 inadvertently understated the number of warrants held by 28th Street Ventures LLC, a Georgia limited liability company ("28th Street") by 175,625 by virtue of an administrative error.
F4: The warrants are held by 28th Street. The Reporting Person and The 1997 Gearon Family Trust are controlling members of 28th Street and, as a result, exercise ultimate voting and investment power with respect to the shares held by 28th Street. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
F5: The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $6.38 to $6.72. The Reporting Person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.