Austin J. Balance - Nov 1, 2024 Form 4 Insider Report for Grindr Inc. (GRND)

Role
Chief Product Officer
Signature
/s/ William Shafton, Attorney-in-Fact
Stock symbol
GRND
Transactions as of
Nov 1, 2024
Transactions value $
-$760,585
Form type
4
Date filed
11/5/2024, 04:30 PM
Previous filing
Oct 15, 2024
Next filing
Dec 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Award $0 +114K +21.42% $0.00 648K Nov 1, 2024 Direct F1
transaction GRND Common Stock Tax liability -$761K -56.9K -8.79% $13.36 591K Nov 1, 2024 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") granted to the Reporting Person on November 1, 2024, and which RSUs fully vested on November 1, 2024. Each RSU represents the contingent right to receive one share of Common Stock upon settlement.
F2 The Reporting Person is reporting the withholding by the Issuer of an aggregate of 56,930 shares of Common Stock that vested on November 1, 2024 pursuant to the RSUs but that were not issued in order to satisfy the Reporting Person's tax withholding obligations upon settlement of the RSUs.