Light Street Capital Management, Llc - Jun 21, 2022 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: Jun 21, 2022
Transactions value $: -$197,153
Form type: 4
Date filed: 6/23/2022, 07:50 PM
Previous filing: Dec 2, 2021
Next filing: Jun 28, 2022

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	Sale	-$196K	-63K	-0.69%	$3.11	9.04M	Jun 21, 2022	See footnotes	F1, F4, F5
transaction	NRDY	Class A ordinary shares, par value $0.0001 per share	Sale	-$583	-208	0%	$2.81	9.04M	Jun 23, 2022	See footnotes	F1, F4, F6
transaction	NRDY	Class A ordinary shares, par value $0.0001 per share	Sale	-$471	-168	-0.02%	$2.81	720K	Jun 23, 2022	See footnotes	F2, F4, F6
transaction	NRDY	Class A ordinary shares, par value $0.0001 per share	Sale	-$67	-24	-0.02%	$2.81	136K	Jun 23, 2022	See footnotes	F3, F4, F6

* 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 price for open-market sales of Shares made by the Reporting Persons on June 21, 2022 within a $1.00 range. The actual prices for these transactions range from $3.035 to $3.315, 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 sold at each separate price.
F6	This price reflects the weighted average price for open-market sales of Shares made by the Reporting Persons on June 23, 2022 within a $1.00 range. The actual prices for these transactions range from $2.80 to $2.815, 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 sold at each separate price.