4//SEC Filing
Marshall Christopher P 4
Accession 0001062993-25-008316
CIK 0001819404other
Filed
Apr 30, 8:00 PM ET
Accepted
May 1, 5:03 PM ET
Size
8.5 KB
Accession
0001062993-25-008316
Insider Transaction Report
Form 4
Nerdy Inc.NRDY
Marshall Christopher P
Director
Transactions
- Award
Stock Option (Right to Buy)
2025-04-29+127,334→ 127,334 totalExercise: $1.63From: 2026-04-29Exp: 2035-04-29→ Class A Common Stock (127,334 underlying) - Award
Stock Option (Right to Buy)
2025-04-29$1.18/sh+46,689$55,000→ 46,689 totalExercise: $1.63From: 2026-04-29Exp: 2035-04-29→ Class A Common Stock (46,689 underlying)
Footnotes (3)
- [F1]The number of options issued reflects the value of the reporting person's annual cash retainer and additional annual retainer for committee memberships for the Nerdy Inc. board of directors. The reporting person has elected to have all or a portion of their annual cash retainer and additional annual retainer for committee memberships paid in the form of equity in lieu of cash compensation.
- [F2]The stock options fully vest and become exercisable on the earlier of (i) the one year anniversary of the grant date (4/29/26), or (ii) the next annual meeting of Nerdy Inc. stockholders.
- [F3]Mr. Marshall has sole voting and dispositive power over the options he holds directly. However, TCV VIII Management, L.L.C. has the right to 100% of the pecuniary interests in such options. Mr. Marshall is a member of TCV VIII Management, L.L.C. Mr. Marshall disclaims beneficial ownership of such options and the shares to be received upon the exercise of such options except to the extent of his pecuniary interest therein.
Issuer
Nerdy Inc.
CIK 0001819404
Entity typeother
Related Parties
1- filerCIK 0001440008
Filing Metadata
- Form type
- 4
- Filed
- Apr 30, 8:00 PM ET
- Accepted
- May 1, 5:03 PM ET
- Size
- 8.5 KB