James Fu Bin Lu - Mar 17, 2025 Form 4 Insider Report for Grindr Inc. (GRND)

Signature
/s/ William Shafton, Attorney-in-Fact
Stock symbol
GRND
Transactions as of
Mar 17, 2025
Transactions value $
-$4,417,550
Form type
4
Date filed
3/19/2025, 06:00 PM
Previous filing
Feb 19, 2025

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 -$3.59M -334K -1.18% $10.73 28.1M Mar 17, 2025 By Longview Capital SVH LLC F1, F2
holding GRND Common Stock 1.76M Mar 17, 2025 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 -$831K -327K -100% $2.54 0 Mar 17, 2025 Common Stock 334K $10.73 By Longview Capital SVH LLC F1, F2
* 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 March 17, 2025, an aggregate of 327,053 of the call options were exercised, resulting in the right to acquire an aggregate of 334,281 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.