James F. Lu - Dec 14, 2022 Form 4 Insider Report for Grindr Inc. (GRND)

Role: Director, 10%+ Owner
Signature: /s/ William Shafton, Attorney-in-fact
Stock symbol: GRND
Transactions as of: Dec 14, 2022
Transactions value $: $487,428,600,222
Form type: 4
Date filed: 12/16/2022, 03:56 PM
Previous filing: Dec 13, 2022
Next filing: Dec 19, 2022

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	Conversion of derivative security	$487B	+297K	+0.77%	$1,640,306.64^*	38.7M	Dec 14, 2022	By Corporation	F1, F2, F3

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	Options	Conversion of derivative security		-555K	-100%		0	Dec 14, 2022	Common Stock	555K	$2.56	By Corporation	F2, F3, F4
transaction	GRND	Options	Sale		+297K			0	Dec 14, 2022	Common Stock	297K	$5.52	By Corporation	F1, F2, F3

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

Explanation of Responses:

Id	Content
F1	Option to acquire Common Stock of the Issuer from another shareholder at an exercise price of $5.52 per share which is exercisable before or on June 15, 2023.
F2	As described in the Issuer's proxy statement (Registration No. 333-264902) ("Proxy"), shares of the Issuer's Common Stock were issued to Longview Capital SVH LLC, a Washington limited liability company ("Longview SVH"), in exchange for outstanding units of Grindr Group LLC ("LG") Series X ordinary units. Longview Capital Holdings LLC, a Washington limited liability company ("Longview"), is the sole member of Longview SVH, which exercises ultimate voting and investment power with respect to the shares held by Longview SVH. Longview SVH is the holder of all of the securities of the Issuer beneficially held by the Reporting Person, other than the option to acquire 297,157 shares of Common Stock and the 297,157 share of Common Stock deemed beneficially owned by the Reporting Person, which are held by Longview. The Reporting Person is the sole equityholder of Longview and exercises voting and investment power with respect to Longview.
F3	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.
F4	Longview SVH transferred to Tiga Investments Pte. Ltd. the right to receive shares in respect of an option to acquire 554,639 shares of Common Stock of the Issuer from another shareholder within 30 days of the consummation of the Business Combination (as defined in the Proxy).