4//SEC Filing
Balance Austin J 4
Accession 0001415889-25-007083
CIK 0001820144other
Filed
Mar 4, 7:00 PM ET
Accepted
Mar 5, 6:49 PM ET
Size
11.3 KB
Accession
0001415889-25-007083
Insider Transaction Report
Form 4
Grindr Inc.GRND
Balance Austin J
Chief Product Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-03$4.20/sh+26,305$110,481→ 666,950 total - Sale
Common Stock
2025-03-03$18.68/sh−26,305$491,377→ 640,645 total - Tax Payment
Common Stock
2025-03-04$18.24/sh−34,379$627,073→ 606,266 total - Exercise/Conversion
Stock Option (right to buy)
2025-03-03−26,305→ 78,915 totalExercise: $4.20Exp: 2028-12-07→ Common Stock (26,305 underlying)
Footnotes (4)
- [F1]The option exercises and sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on September 17, 2024.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.46 to $19.00, 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 sold at each separate price within the range.
- [F3]The Reporting Person is reporting the withholding by the Issuer of an aggregate of 34,379 shares of common stock that vested on February 26, 2025 pursuant to restricted stock units ("RSUs") but that were not issued in order to satisfy the Reporting Person's tax withholding obligations upon settlement of the RSUs.
- [F4]The stock option award was granted to the Reporting Person on December 7, 2021, and initially represented a right to purchase a total of 420,881 shares upon vesting. 1/12 of the shares subject to the stock option vested on December 3, 2022, and 1/12 of the shares vested or will vest quarterly thereafter.
Documents
Issuer
Grindr Inc.
CIK 0001820144
Entity typeother
Related Parties
1- filerCIK 0001954216
Filing Metadata
- Form type
- 4
- Filed
- Mar 4, 7:00 PM ET
- Accepted
- Mar 5, 6:49 PM ET
- Size
- 11.3 KB