J. Michael Gearon Jr - Jul 19, 2024 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: Jul 19, 2024
Transactions value $: $0
Form type: 4
Date filed: 8/29/2024, 05:14 PM
Previous filing: Nov 22, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRND	Common Stock	Award	$0	+8.76K	+38.35%	$0.00	31.6K	Jul 19, 2024	Direct	F1
holding	GRND	Common Stock						14.9M	Jul 19, 2024	By LLC	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 vest and settle into Common Stock on October 19, 2024, and 25% of the RSUs vest and settle into Common Stock in equal quarterly installments thereafter on the same day of the month as the grant date (or if there is no corresponding day in the applicable month, on the last day of such month), subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Equity Incentive Plan) through each such date.
F2	The Reporting Person and The 1997 Gearon Family Trust are controlling members of 28th Street Ventures LLC, a Georgia limited liability company ("28th Street"), and, as a result, exercise ultimate voting and investment power with respect to the shares held by 28th Street. 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.

Content

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 vest and settle into Common Stock on October 19, 2024, and 25% of the RSUs vest and settle into Common Stock in equal quarterly installments thereafter on the same day of the month as the grant date (or if there is no corresponding day in the applicable month, on the last day of such month), subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2022 Equity Incentive Plan) through each such date.

The Reporting Person and The 1997 Gearon Family Trust are controlling members of 28th Street Ventures LLC, a Georgia limited liability company ("28th Street"), and, as a result, exercise ultimate voting and investment power with respect to the shares held by 28th Street. 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.