George Arison - Nov 18, 2022 Form 4 Insider Report for Grindr Inc. (GRND)

Signature
/s/ William Shafton, Attorney-in-fact
Stock symbol
GRND
Transactions as of
Nov 18, 2022
Transactions value $
$0
Form type
4
Date filed
11/22/2022, 05:47 PM
Previous filing
Aug 24, 2022
Next filing
Nov 22, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Award $0 +3.75M $0.00 3.75M Nov 18, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares of the Issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 1/5 of the RSUs vest on October 14, 2023, and 1/10 of the RSUs vest every six months thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Equity Incentive Plan) through each such date. Shares of Common Stock will be delivered in respect of vested RSUs on October 14, 2023 and each anniversary thereafter.