Catherine Beaudoin - 20 Sep 2021 Form 3 Insider Report for Nerdy Inc. (NRDY)

Role
Director
Signature
/s/ Evyn Rabinowitz, Attorney-in-Fact
Issuer symbol
NRDY
Transactions as of
20 Sep 2021
Net transactions value
$0
Form type
3
Filing time
22 Sep 2021, 21:34:05 UTC
Next filing
11 May 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding NRDY Class B Common Stock 20 Sep 2021 Class A Common Stock 136,823 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 20, 2021 (the "Effective Time"), the Issuer, formerly known as TPG Pace Tech Opportunities Corp., acquired Live Learning Technology LLC ("Nerdy") pursuant to a Business Combination Agreement by and among the Issuer, Nerdy and certain other parties thereto (the "Business Combination Agreement"). Pursuant to the Business Combination Agreement, at the Effective Time, the outstanding equity interests of Nerdy held by the reporting person were converted into the right to receive shares of the Issuer's Class A Common Stock.
F2 Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder and in accordance with the terms of the Second Amended and Restated Operating Agreement of Nerdy LLC.

Remarks:

Exhibit 24 - Power of Attorney