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Grindr Inc. Director's Dealing 2025

Jan 4, 2025

31379_dirs_2025-01-03_f3a1cd18-063e-4b77-aa78-df1ed23131c7.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: 2024-12-31

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-12-31 Common Stock X 233591 $7.51 Acquired 233591 Indirect
2024-12-31 Common Stock X 271498 $6.69 Acquired 505089 Indirect
2024-12-31 Common Stock X 154875 $6.46 Acquired 659964 Indirect
2024-12-31 Common Stock X 235211 $9.03 Acquired 895175 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-12-31 Call Option (right to buy) $7.51 X 222605 Disposed 2024-12-31 Common Stock (233591) Indirect
2024-12-31 Call Option (right to buy) $6.69 X 258728 Disposed 2024-12-31 Common Stock (271498) Indirect
2024-12-31 Call Option (right to buy) $6.46 X 142805 Disposed 2024-12-31 Common Stock (154875) Indirect
2024-12-31 Call Option (right to buy) $9.03 X 221972 Disposed 2024-12-31 Common Stock (235211) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 5725271 Direct
Common Stock 72006333 Indirect
Common Stock 272473 Indirect

Footnotes

F1: The call option was exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed to the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, the Reporting Person exercised all 222,605 options, resulting in the right to 233,591 shares of Grindr Inc. common stock.

F2: 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 shares of the Issuer's common stock held by Big Timber.

F3: The call option was exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed to the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, the Reporting Person exercised all 258,728 options, resulting in the right to 271,498 shares of Grindr Inc. common stock.

F4: The call option was exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed to the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, the Reporting Person exercised all 142,805 options, resulting in the right to 154,875 shares of Grindr Inc. common stock.

F5: The call option was exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed to the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, the Reporting Person exercised all 221,972 options, resulting in the right to 235,211 shares of Grindr Inc. common stock.

F6: Tiga Investments Pte. Ltd. ("TI") is the sole equityholder of Tiga SVH Investments Ltd. ("TSVH") and exercises ultimate voting and investment power over the shares held by TSVH. The Reporting Person is the sole equityholder of TI and exercises ultimate voting and investment power over the shares held by TI. 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.

F7: The Reporting Person is the sole equityholder of TI and exercises ultimate voting and investment power over the shares held by TI. 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.