Philips Kathleen 4
4 · Nerdy Inc. · Filed May 5, 2023
Insider Transaction Report
Form 4
Nerdy Inc.NRDY
Philips Kathleen
Director
Transactions
- Award
Stock Option (Right to Buy)
2023-05-03+71,497→ 71,497 totalExercise: $3.00From: 2024-05-03Exp: 2033-05-03→ Class A Common Stock (71,497 underlying) - Award
Stock Option (Right to Buy)
2023-05-03$2.10/sh+28,122$59,000→ 28,122 totalExercise: $3.00From: 2024-05-03Exp: 2033-05-03→ Class A Common Stock (28,122 underlying)
Footnotes (2)
- [F1]The stock options will vest on the earlier of (i) the one-year anniversary of the grant date or (ii) the next annual meeting of Nerdy Inc. stockholders.
- [F2]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.