Gary I. Horowitz - 21 Jun 2023 Form 4 Insider Report for Grindr Inc. (GRND)

Role
Director
Signature
/s/ William Shafton, Attorney-in-fact
Issuer symbol
GRND
Transactions as of
21 Jun 2023
Net transactions value
$0
Form type
4
Filing time
02 Oct 2023, 16:20:08 UTC
Previous filing
22 Nov 2022
Next filing
29 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Award $0 +13,266 +265% $0.000000 18,266 21 Jun 2023 Direct F1
transaction GRND Common Stock Award $0 +2,653 +15% $0.000000 20,919 29 Sep 2023 Direct F2
* 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. 25% of the RSUs vested and settled into Common Stock on September 21, 2023, and 25% of the RSUs vest and settle into Common Stock in equal quarterly installments thereafter, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Equity Incentive Plan) through each such date.
F2 Represents the number of shares of the Issuer's Common Stock underlying RSUs. Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 25% of the RSUs vest and settle into Common Stock on each of September 29, 2023, December 21, 2023, March 21, 2024 and June 21, 2024, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Equity Incentive Plan) through each such date.