James Fu Bin Lu - Dec 31, 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: Dec 31, 2024
Transactions value $: -$13,793,772
Form type: 4
Date filed: 1/3/2025, 08:06 PM
Previous filing: Dec 16, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRND	Common Stock	Exercise of in-the-money or at-the-money derivative security	-$3.61M	-481K	-1.59%	$7.51	29.8M	Dec 31, 2024	By Longview Capital SVH LLC	F1, F2
transaction	GRND	Common Stock	Exercise of in-the-money or at-the-money derivative security	-$3.8M	-569K	-1.91%	$6.69	29.2M	Dec 31, 2024	By Longview Capital SVH LLC	F2, F3
transaction	GRND	Common Stock	Exercise of in-the-money or at-the-money derivative security	-$2.06M	-319K	-1.09%	$6.46	28.9M	Dec 31, 2024	By Longview Capital SVH LLC	F2, F4
transaction	GRND	Common Stock	Exercise of in-the-money or at-the-money derivative security	-$4.32M	-478K	-1.65%	$9.03	28.4M	Dec 31, 2024	By Longview Capital SVH LLC	F2, F5
holding	GRND	Common Stock						1.28M	Dec 31, 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GRND	Call Option (obligation to sell)	Exercise of in-the-money or at-the-money derivative security	$0	-445K	-100%	$0.00	0	Dec 31, 2024	Common Stock	481K	$7.51	By Longview Capital SVH LLC	F1, F2
transaction	GRND	Call Option (obligation to sell)	Exercise of in-the-money or at-the-money derivative security	$0	-517K	-100%	$0.00	0	Dec 31, 2024	Common Stock	569K	$6.69	By Longview Capital SVH LLC	F2, F3
transaction	GRND	Call Option (obligation to sell)	Exercise of in-the-money or at-the-money derivative security	$0	-286K	-100%	$0.00	0	Dec 31, 2024	Common Stock	319K	$6.46	By Longview Capital SVH LLC	F2, F4
transaction	GRND	Call Option (obligation to sell)	Exercise of in-the-money or at-the-money derivative security	$0	-444K	-100%	$0.00	0	Dec 31, 2024	Common Stock	478K	$9.03	By Longview Capital SVH LLC	F2, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The call options were exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed by the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, an aggregate of 445,209 of the call options were exercised, resulting in the right to acquire an aggregate of 480,947 shares of Grindr Inc. common stock.
F2	Longview Capital Group Limited ("LCGL") is the sole equityholder of Longview Grindr Holdings Limited ("LGHL"). LGHL is the sole equityholder of Longview Capital SVH LLC ("LCSVH"). The Reporting Person is the sole equityholder of LCGL and exercises ultimate voting and investment power of the equity interests held by LCGL, LGHL and LCSVH. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
F3	The call options were exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed by the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, an aggregate of 517,456 of the call options were exercised, resulting in the right to acquire an aggregate of 568,539 shares of Grindr Inc. common stock.
F4	The call options were exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed by the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, an aggregate of 285,609 of the call options were exercised, resulting in the right to acquire an aggregate of 318,916 shares of Grindr Inc. common stock.
F5	The call options were exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed by the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, an aggregate of 443,943 of the call options were exercised, resulting in the right to acquire an aggregate of 478,199 shares of Grindr Inc. common stock.