Mudrick Capital Management, L.P. - Oct 15, 2020 Form 4/A - Amendment Insider Report for Thryv Holdings, Inc. (THRY)

Role: Director, 10%+ Owner
Signature: See Exhibit 99.1 for Signatures
Stock symbol: THRY
Transactions as of: Oct 15, 2020
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 8/3/2021, 09:38 PM
Date Of Original Report: Oct 19, 2020
Next filing: May 26, 2021

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	THRY	Stock Option(right to buy)	Award	$0	+55.6K		$0.00	55.6K	Oct 15, 2020	Common Stock	55.6K	$13.82	See notes	F1, F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This Form 4 amendment (the "Amended Form 4") amends and restates the original Form 4 filing, dated October 19, 2020 (the "Original Form 4"), in its entirety to make certain corrections and clarifications. The Amended Form 4 is filed by Jason Mudrick. Mudrick Capital Management, L.P. and Verto Direct Opportunity II, LP.
F2	This Option granted to Mr. Mudrick becomes exercisable in four equal annual installments on each of October 15, 2021, October 15, 2022, October 15, 2023 and October 15, 2024, subject to Mr. Mudrick's continuous service on the Issuer's Board of Directors on each applicable vesting date.
F3	Mr. Mudrick is the sole member of Mudrick Capital Management, LLC, which is the general partner of Mudrick Capital Management, L.P., which in turn is the investment manager of each of Mudrick Distressed Opportunity Drawdown Fund, LP; Mudrick Distressed Opportunity Drawdown Fund II, LP; Verto Direct Opportunity II, LP; Boston Patriot Batterymarch St LLC; Blackwell Partners LLC Series A; Mercer QIF Fund PLC; Trustees of Grinnell College; P Mudrick LTD; and Mudrick Distressed Opportunity Specialty Fund, LP. Pursuant to Mudrick Capital Management's operating policies, such funds may have an indirect pecuniary interest in the securities issued to Mr. Mudrick for his service on the Issuer's board through a partial fee offset based on Mudrick Capital Management, L.P.'s various arrangements with the funds. The Reporting Persons disclaim beneficial ownership of the securities of the Issuer reported herein except to the extent of each person's or entity's pecuniary interest therein, if any.