4//SEC Filing
Cohn Charles K. 4
Accession 0001628280-25-053696
CIK 0001819404other
Filed
Nov 23, 7:00 PM ET
Accepted
Nov 24, 7:54 AM ET
Size
8.9 KB
Accession
0001628280-25-053696
Insider Transaction Report
Form 4
Nerdy Inc.NRDY
Cohn Charles K.
DirectorChief Executive Officer10% Owner
Transactions
- Purchase
Class A Common Stock
2025-11-20$0.98/sh+203,500$199,430→ 30,983,269 total(indirect: By Trust)
Holdings
- 850,333(indirect: By Trust)
Class A Common Stock
- 13,194,231(indirect: By LLC)
Class A Common Stock
- 810,704(indirect: By Trust)
Class A Common Stock
- 9,258,298
Class A Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.93 to $0.99, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price at which the transactions were effected.
- [F2]Represents Restricted Stock Units ("RSUs") issued under the Nerdy Inc. 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs shall vest in seven equal tranches upon the Issuer achieving each of seven share price target milestones that occur at $18.00, $22.00, $26.00, $30.00, $34.00, $38.00, and $42.00 per share, measured, based on the average of our stock price over a consecutive 90 calendar-day period during the performance period. Any unvested RSUs shall expire on September 20, 2028.
- [F3]Rarefied Air Capital LLC is owned by three trusts: Cohn Family Trust U/A/D 3/16/2017, The Cohn Family Investments Trust 05/24/18, and 2018 Cohn Family Trust U/A/D 5/24/2018.
Documents
Issuer
Nerdy Inc.
CIK 0001819404
Entity typeother
Related Parties
1- filerCIK 0001880171
Filing Metadata
- Form type
- 4
- Filed
- Nov 23, 7:00 PM ET
- Accepted
- Nov 24, 7:54 AM ET
- Size
- 8.9 KB