Light Street Capital Management, Llc - Oct 27, 2021 Form 4 Insider Report for Nerdy Inc. (NRDY)

Role: 10%+ Owner
Signature: Light Street Capital Management, LLC, By: /s/ Theo J. Robins, Chief Compliance Officer
Stock symbol: NRDY
Transactions as of: Oct 27, 2021
Transactions value $: $4,520,309
Form type: 4
Date filed: 10/29/2021, 06:03 PM
Previous filing: Sep 24, 2021
Next filing: Dec 2, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NRDY	Class A ordinary shares, par value $0.0001 per share	Purchase	$3.59M	+451K	+5.28%	$7.96	8.99M	Oct 27, 2021	See footnotes	F1, F4, F5
transaction	NRDY	Class A ordinary shares, par value $0.0001 per share	Purchase	$932K	+112K	+1.25%	$8.32	9.1M	Oct 28, 2021	See footnotes	F1, F4, F6
holding	NRDY	Class A ordinary shares, par value $0.0001 per share						720K	Oct 27, 2021	See footnotes	F2, F4
holding	NRDY	Class A ordinary shares, par value $0.0001 per share						136K	Oct 27, 2021	See footnotes	F3, F4

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

Explanation of Responses:

Id	Content
F1	The Class A ordinary shares ("Shares") are held directly for the account of Light Street Mercury Master Fund, L.P. ("Mercury"), and indirectly by Light Street Capital Management, LLC ("LSCM") and Glen Thomas Kacher ("Mr. Kacher").
F2	These Shares are held directly for the account of Light Street Tungsten Master Fund, L.P. ("Tungsten"), and indirectly by LSCM and Mr. Kacher.
F3	These Shares are held directly for the account of Light Street Halo, L.P. ("Halo"), and indirectly by LSCM and Mr. Kacher.
F4	LSCM serves as investment adviser and general partner to Mercury, Tungsten and Halo. Mr. Kacher is the Chief Investment Officer and Founder of LSCM. Each of LSCM, Mr. Kacher, Mercury, Tungsten and Halo disclaims beneficial ownership of the Shares reported herein except to the extent of its or his pecuniary interest therein, and the inclusion of such Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F5	This price reflects the weighted average purchase price for open-market purchases of Shares made by the Reporting Persons on October 27, 2021 within a $1.00 range. The actual prices for these transactions range from $7.655 to $8.05, inclusive. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each separate price.
F6	This price reflects the weighted average purchase price for open-market purchases of Shares made by the Reporting Persons on October 28, 2021 within a $1.00 range. The actual prices for these transactions range from $7.725 to $8.50, inclusive. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each separate price.