Nathan Richardson - 08 Nov 2024 Form 4 Insider Report for Grindr Inc. (GRND)

Role
Director
Signature
/s/ Vandana Mehta-Krantz, Attorney-in-Fact
Issuer symbol
GRND
Transactions as of
08 Nov 2024
Net transactions value
-$150,000
Form type
4
Filing time
12 Nov 2024, 17:05:24 UTC
Previous filing
16 Oct 2024
Next filing
18 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Sale $78,510 -5,234 -16% $15.00 27,408 08 Nov 2024 Direct F1
transaction GRND Common Stock Sale $71,490 -4,766 -17% $15.00 22,642 11 Nov 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted May 15, 2024.