George Raymond Zage III - Jul 19, 2024 Form 4 Insider Report for Grindr Inc. (GRND)

Signature
/s/ William Shafton, Attorney-in-Fact
Stock symbol
GRND
Transactions as of
Jul 19, 2024
Transactions value $
$0
Form type
4
Date filed
8/29/2024, 05:22 PM
Previous filing
Apr 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Award $0 +7.01K +0.12% $0.00 5.73M Jul 19, 2024 Direct F1
holding GRND Common Stock 72M Jul 19, 2024 By Tiga SVH Investments Ltd. F2
holding GRND Common Stock 272K Jul 19, 2024 By Tiga Investments Pte. Ltd. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of the Issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 25% of the RSUs vest and settle into Common Stock on October 19, 2024, and 25% of the RSUs vest and settle into Common Stock in equal quarterly installments thereafter on the same day of the month as the grant date (or if there is no corresponding day in the applicable month, on the last day of such month), subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Equity Incentive Plan) through each such date.
F2 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.
F3 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.