James F. Lu - Jun 12, 2024 Form 4 Insider Report for Grindr Inc. (GRND)

Signature
/s/ James F. Lu
Stock symbol
GRND
Transactions as of
Jun 12, 2024
Transactions value $
-$9,989,310
Form type
4
Date filed
6/14/2024, 06:27 PM
Previous filing
Jun 12, 2024
Next filing
Aug 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Sale -$2.69M -295K -0.81% $9.12 36.2M Jun 12, 2024 By Longview Capital SVH LLC F1, F2, F3, F4
transaction GRND Common Stock Sale -$3.8M -410K -1.13% $9.27 35.8M Jun 13, 2024 By Longview Capital SVH LLC F1, F3, F4, F5
transaction GRND Common Stock Sale -$3.5M -388K -1.08% $9.02 35.4M Jun 14, 2024 By Longview Capital SVH LLC F1, F3, F4
holding GRND Common Stock 4.15K Jun 12, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person is reporting the sale of shares of the Issuer's common stock in connection with the partial repayment of a term loan for which shares of the Issuer's common stock are pledged. Following the date of this Report, subject to market conditions and other considerations, the Reporting Person does not expect to sell or otherwise dispose of additional shares of the Issuer's common stock in the near term in connection with repayment of the term loan for which shares of the Issuer's common stock are pledged.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.10 to $9.315, 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 Shares held by Longview Capital SVH LLC, a Washington limited liability company ("Longview SVH"). The Reporting Person is the sole equityholder of the ultimate parent of Longview SVH and exercises voting and investment power with respect to Longview SVH.
F4 The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.14 to $9.39, 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.