Jason H. Pello - Sep 28, 2023 Form 4/A - Amendment Insider Report for Nerdy Inc. (NRDY)

Role
Chief Financial Officer
Signature
/s/ Thomas Lynn, Attorney-in-Fact
Stock symbol
NRDY
Transactions as of
Sep 28, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
10/5/2023, 05:20 PM
Date Of Original Report
Sep 29, 2023
Previous filing
Sep 20, 2023
Next filing
Nov 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRDY Class A Common Stock Award +12.7K +0.79% 1.62M Sep 28, 2023 Direct F1
transaction NRDY Class A Common Stock Award +455 +0.03% 1.62M Sep 28, 2023 Direct F2

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 NRDY Earnout Shares Disposed to Issuer -2.04K -100% 0 Sep 28, 2023 Class A Common Stock 2.04K Direct F2
transaction NRDY Warrants to purchase Class A Common Stock Disposed to Issuer -51.2K -100% 0 Sep 28, 2023 Class A Common Stock 51.2K $11.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On September 28, 2023, pursuant to the Issuer's previously announced exchange offer, the reporting person exchanged an aggregate of 51,246 warrants for 12,674 shares of Class A Common stock
F2 On September 28, 2023, pursuant to the concurrent earnout transaction, the reporting person forfeited 2,039 shares of Class A Common Stock that were subject to forfeiture (the Earnout Shares) and removed the forfeiture restrictions on 455 Earnout Shares