Austin J. Balance - Nov 18, 2022 Form 3 Insider Report for Grindr Inc. (GRND)

Role: Chief Product Officer
Signature: /s/ William Shafton, Attorney-in-fact
Stock symbol: GRND
Transactions as of: Nov 18, 2022
Transactions value $: $0
Form type: 3
Date filed: 11/22/2022, 04:52 PM
Next filing: Dec 1, 2023

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	GRND	Stock Option (right to buy)							Nov 18, 2022	Common Stock	421K	$4.20	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Received pursuant to the Agreement and Plan of Merger, dated May 9, 2022 (the "MA"), by and among Grindr Group LLC ("LG"), Tiga Acquisition Corp. ("Tiga") and Tiga Merger Sub LLC, a subsidiary of Tiga ("Sub I", and together with Tiga and LG, the "Entities"), as amended in the First Amendment to the MA, dated October 5, 2022, by and among Tiga Merger Sub II LLC, a subsidiary of Tiga ("Sub II") and the Entities, pursuant to which Sub I first merged with and into LG, whereupon the separate corporate existence of Sub I ceased, and LG became the surviving company and continued in existence as a wholly owned subsidiary of Tiga until promptly thereafter and as part of the overall transaction, when LG merged with and into Sub II, with Sub II being the entity that survived such second merger and continued in existence as a wholly owned subsidiary of Tiga. Tiga domesticated as a Delaware corporation and subsequently changed its name to Grindr Inc.
F2	1/12 of the shares subject to the stock option will vest on December 3, 2022, and 1/12 of the shares vest each quarterly anniversary thereafter.

Content

Received pursuant to the Agreement and Plan of Merger, dated May 9, 2022 (the "MA"), by and among Grindr Group LLC ("LG"), Tiga Acquisition Corp. ("Tiga") and Tiga Merger Sub LLC, a subsidiary of Tiga ("Sub I", and together with Tiga and LG, the "Entities"), as amended in the First Amendment to the MA, dated October 5, 2022, by and among Tiga Merger Sub II LLC, a subsidiary of Tiga ("Sub II") and the Entities, pursuant to which Sub I first merged with and into LG, whereupon the separate corporate existence of Sub I ceased, and LG became the surviving company and continued in existence as a wholly owned subsidiary of Tiga until promptly thereafter and as part of the overall transaction, when LG merged with and into Sub II, with Sub II being the entity that survived such second merger and continued in existence as a wholly owned subsidiary of Tiga. Tiga domesticated as a Delaware corporation and subsequently changed its name to Grindr Inc.

1/12 of the shares subject to the stock option will vest on December 3, 2022, and 1/12 of the shares vest each quarterly anniversary thereafter.