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

Role
Director
Signature
/s/ William Shafton, Attorney-in-fact
Stock symbol
GRND
Transactions as of
Jun 21, 2023
Transactions value $
$0
Form type
4
Date filed
10/2/2023, 04:20 PM
Previous filing
Nov 22, 2022
Next filing
Aug 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Award $0 +13.3K +265.32% $0.00 18.3K Jun 21, 2023 Direct F1
transaction GRND Common Stock Award $0 +2.65K +14.52% $0.00 20.9K Sep 29, 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.