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

Signature
/s/ Carman Wong
Stock symbol
GRND
Transactions as of
Nov 18, 2022
Transactions value $
$0
Form type
4
Date filed
11/22/2022, 06:54 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock, par value $0.0001 per share Options Exercise $0 +20K $0.00 20K Nov 18, 2022 Direct F1, F2

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 GRND Class B ordinary shares Conversion of derivative security -20K -100% 0 Nov 18, 2022 Common Stock 20K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Carman Wong is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 (the "Business Combination"). Tiga domesticated as a Delaware corporation and subsequently changed its name to Grindr Inc. (the "Issuer").
F2 Received pursuant to the Business Combination. As described in the Issuer's definitive proxy statement and final prospectus filed pursuant to Rule 424(b)(3) (Registration No. 333-264902), the Reporting Person previously received shares of Class B ordinary shares of Tiga from Tiga Sponsor LLC, a Delaware limited liability company. Such shares, which were previously convertible into Class A ordinary shares of Tiga, were converted into shares of the Issuer's Common Stock in connection with, and upon the consummation of, the Business Combination.