4//SEC Filing
Zage George Raymond III 4
Accession 0001415889-25-000670
CIK 0001820144other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 8:05 PM ET
Size
23.5 KB
Accession
0001415889-25-000670
Insider Transaction Report
Form 4
Grindr Inc.GRND
Zage George Raymond III
Director10% Owner
Transactions
- Exercise of In-Money
Common Stock
2024-12-31$6.69/sh+271,498$1,816,322→ 505,089 total(indirect: By LLC) - Exercise of In-Money
Call Option (right to buy)
2024-12-31−221,972→ 0 total(indirect: By LLC)Exercise: $9.03From: 2024-03-16Exp: 2024-12-31→ Common Stock (235,211 underlying) - Exercise of In-Money
Call Option (right to buy)
2024-12-31−222,605→ 0 total(indirect: By LLC)Exercise: $7.51From: 2024-04-01Exp: 2024-12-31→ Common Stock (233,591 underlying) - Exercise of In-Money
Call Option (right to buy)
2024-12-31−258,728→ 0 total(indirect: By LLC)Exercise: $6.69From: 2024-04-01Exp: 2024-12-31→ Common Stock (271,498 underlying) - Exercise of In-Money
Common Stock
2024-12-31$9.03/sh+235,211$2,123,955→ 895,175 total(indirect: By LLC) - Exercise of In-Money
Common Stock
2024-12-31$6.46/sh+154,875$1,000,493→ 659,964 total(indirect: By LLC) - Exercise of In-Money
Call Option (right to buy)
2024-12-31−142,805→ 0 total(indirect: By LLC)Exercise: $6.46From: 2024-04-01Exp: 2024-12-31→ Common Stock (154,875 underlying) - Exercise of In-Money
Common Stock
2024-12-31$7.51/sh+233,591$1,754,268→ 233,591 total(indirect: By LLC)
Holdings
- 5,725,271
Common Stock
- 272,473(indirect: By Tiga Investments Pte. Ltd.)
Common Stock
- 72,006,333(indirect: By Tiga SVH Investments Ltd.)
Common Stock
Footnotes (7)
- [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.
Documents
Issuer
Grindr Inc.
CIK 0001820144
Entity typeother
Related Parties
1- filerCIK 0001833678
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 8:05 PM ET
- Size
- 23.5 KB