Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NRDY | Warrants to purchase | Disposed to Issuer | -551 | -100% | 0 | Sep 28, 2023 | Class B Common Stock | 551 | $11.50 | By STUART J. UDELL 2012 FAMILY TRUST | F1 | ||
transaction | NRDY | Earnout Shares | Disposed to Issuer | -902 | -100% | 0 | Sep 28, 2023 | Class B Common Stock | 902 | By STUART J. UDELL 2012 FAMILY TRUST | F2 | |||
transaction | NRDY | Class B Common Stock | Award | +137 | +0.76% | 18.1K | Sep 28, 2023 | Class A Common Stock | 137 | By STUART J. UDELL 2012 FAMILY TRUST | F1, F3 | |||
transaction | NRDY | Class B Common Stock | Award | +360 | +1.99% | 18.5K | Sep 28, 2023 | Class A Common Stock | 360 | By STUART J. UDELL 2012 FAMILY TRUST | F2, F3 |
Id | Content |
---|---|
F1 | On September 28, 2023, pursuant to the Issuer's previously announced exchange offer, the reporting person exchanged an aggregate of 551 warrants for 137 shares of Class B Common Stock. |
F2 | On September 28, 2023, pursuant to the concurrent earnout transaction, the reporting person forfeited 542 shares of Class B Common Stock that were subject to forfeiture (the Earnout Shares), and removed the forfeiture restrictions on 360 Earnout Shares. |
F3 | Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder and in accordance with the terms of the Second Amended and Restated Operating Agreement of Nerdy LLC. |