| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | GRND | Guaranteed Exchangeable Note (Initial Issue) | Sale | -$2.95M | $2.95M | Sep 15, 2023 | Common Stock | 393K | $7.51 | By Longview Grindr Holdings Limited | F1, F2, F3, F4, F5 | |||
| transaction | GRND | Guaranteed Exchangeable Note (Second Issue) | Sale | -$3.05M | $3.05M | Sep 15, 2023 | Common Stock | 456K | $6.69 | By Longview Grindr Holdings Limited | F1, F3, F4, F5, F6 | |||
| transaction | GRND | Guaranteed Exchangeable Note (Third Issue) | Sale | -$1.63M | $1.63M | Sep 15, 2023 | Common Stock | 252K | $6.46 | By Longview Grindr Holdings Limited | F1, F3, F4, F5, F7 |
| Id | Content |
|---|---|
| F1 | These Guaranteed Exchangeable Notes (each, a "Note" and, collectively, the "Notes") are issued by Longview Grindr Holdings Limited ("LGHL") under the terms and conditions of that certain Exchangeable Note Instrument, dated September 15, 2023. |
| F2 | The conversion price was determined by multiplying the volume weighted average price of the Issuer's Common Stock for the last five consecutive trading days (the "Spot VWAP") as of March 30, 2023, which was $6.26, by 120%. If at any time the Spot VWAP is less than or equal to 80% of the then effective Spot VWAP for five consecutive trading days, the Spot VWAP for the purposes of determining the conversion price will be automatically adjusted downwards to the Spot VWAP calculated as of the fifth such consecutive trading day. |
| F3 | Each note may be converted when the underlying shares of the Issuer's Common Stock may be transferred without restrictions or encumbrances and are freely tradeable. |
| F4 | The Note matures on March 30, 2024. |
| F5 | The Note is issued by LGHL. The Reporting Person is the sole equityholder of LGHL and exercises voting and investment power with respect to LGHL. |
| F6 | The conversion price was determined by multiplying the Spot VWAP as of June 15, 2023, which was $6.08, by 110%. If at any time the Spot VWAP is less than or equal to 80% of then effective Spot VWAP for five consecutive trading days, the Spot VWAP for the purposes of determining the conversion price will be automatically adjusted downwards to the Spot VWAP calculated as of the fifth such consecutive trading day. |
| F7 | The conversion price was determined by multiplying the Spot VWAP as of September 15, 2023, which was $5.87, by 110%. If at any time the Spot VWAP is less than or equal to 80% of then effective Spot VWAP for five consecutive trading days, the Spot VWAP for the purposes of determining the conversion price will be automatically adjusted downwards to the Spot VWAP calculated as of the fifth such consecutive trading day. |