Austin J. Balance - Jun 12, 2025 Form 4 Insider Report for Grindr Inc. (GRND)

Signature
/s/ Bella Zaslavsky, Attorney-in-Fact
Stock symbol
GRND
Transactions as of
Jun 12, 2025
Transactions value $
-$2,956,801
Form type
4
Date filed
6/16/2025, 04:49 PM
Previous filing
May 16, 2025
Next filing
Nov 13, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Balance Austin J Chief Product Officer C/O GRINDR INC., 750 N.SAN VICENTE BLVD. STE RE1400, WEST HOLLYWOOD /s/ Bella Zaslavsky, Attorney-in-Fact 2025-06-16 0001954216

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRND Common Stock Options Exercise $110K +26.3K +4.06% $4.20 675K Jun 12, 2025 Direct F1
transaction GRND Common Stock Sale -$3.07M -132K -19.64% $23.15 542K Jun 12, 2025 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 GRND Stock Option (right to buy) Options Exercise $0 -26.3K -33.33% $0.00 52.6K Jun 12, 2025 Common Stock 26.3K $4.20 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on March 13, 2025.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan, adopted on March 13, 2025.
F3 The stock option award was granted to the Reporting Person on December 7, 2021, and initially represented a right to purchase a total of 420,881 shares upon vesting. 1/12 of the shares subject to the stock option vested on December 3, 2022, and 1/12 of the shares vested or will vest quarterly thereafter.