4//SEC Filing
Balance Austin J 4
Accession 0001954216-25-000005
CIK 0001820144other
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 6:29 PM ET
Size
12.6 KB
Accession
0001954216-25-000005
Insider Transaction Report
Form 4
Grindr Inc.GRND
Balance Austin J
Chief Product Officer
Transactions
- Award
Common Stock
2025-11-30+425,000→ 946,082 total - Tax Payment
Common Stock
2025-12-01$12.85/sh−38,095$489,521→ 907,987 total - Award
Performance Based Restricted Stock Units
2025-11-30+20,000→ 20,000 total→ Common Stock (20,000 underlying) - Award
Performance Based Restricted Stock Units
2025-11-30+200,000→ 200,000 totalExp: 2027-12-31→ Common Stock (200,000 underlying)
Footnotes (4)
- [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. 20% of RSUs will vest and settle into Common Stock on December 1, 2026, December 1, 2027, December 1, 2028, December 1, 2029, and December 1, 2030, in each case, subject to the Reporting Person's Continuous Service (as defined in the Issuer's Amended and Restated 2022 Equity Incentive Plan (the "2022 Plan")) through each such date.
- [F2]The Reporting Person is reporting the withholding by the Issuer of 38,095 shares of common stock that vested on December 1, 2025 pursuant to RSUs award but that were not issued in order to satisfy the Reporting Person's tax withholding obligations upon settlement of the RSUs.
- [F3]Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Common Stock. The PSUs will vest 50% if the volume weighted average price ("VWAP") of Common Stock during any period of 20 consecutive trading days during a specified period equals or exceeds $16.64, and 50% of the PSUs will vest if the VWAP of Common Stock during any period of 20 consecutive trading days during a specified period equals or exceeds $20.81, in each case subject to the Reporting Person's Continuous Service (as defined in the 2022 Plan) through each such date.
- [F4]Each PSU represents a contingent right to receive one share of Common Stock. The PSUs will vest on the first occasion on or prior to December 31, 2027 that (a) the VWAP of Common Stock over any period of 15 consecutive trading days equals or exceeds $26, or (b) specified market cap or financial performance conditions are met, in each case subject to the Reporting Person's Continuous Service (as defined in the 2022 Plan) through each such date.
Documents
Issuer
Grindr Inc.
CIK 0001820144
Entity typeother
Related Parties
1- filerCIK 0001954216
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 6:29 PM ET
- Size
- 12.6 KB