Ian Clarkson - 20 Sep 2021 Form 4 Insider Report for Nerdy Inc. (NRDY)

Role
President & COO
Signature
/s/ Evyn Rabinowitz, Attorney-in-Fact
Issuer symbol
NRDY
Transactions as of
20 Sep 2021
Net transactions value
$0
Form type
4
Filing time
22 Sep 2021, 21:42:53 UTC
Next filing
02 Dec 2021
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
transaction NRDY Stock Option (Right to Buy) Award $0 +2,600,000 $0.000000 2,600,000 20 Sep 2021 Class A Common Stock 2,600,000 $11.20 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares underlying this option shall vest and become exercisable over 5.5 years from the date of grant, with 472,727 shares vesting on September 20, 2022 and the remainder vesting in fifty-four substantially equal monthly installments thereafter.