Lu James Fu Bin's Form 4/A amendment
AmendedGrindr Inc. (GRND) · filed May 16, 2024
- Accession no.
- 0001062993-24-010418
- Filed
- May 16, 2024
- Trade date
- May 13-15, 2024
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- May 15, 2024
This filing lists 4 non-derivative transactions. Open-market sales total $10.3M. It was filed 3 days after the trade.
This amendment replaces 0001062993-24-010332 (filed May 15, 2024).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Lu James Fu BinCIK 0001937262 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 13, 2024 | Common Stock | SSaleDisposed | −11,270 | $10.00 | −$112,700 | 11,562 | Direct | |
| May 13, 2024 | Common Stock | SSaleDisposed | −14,779 | $10.01F2 | −$147,937.79 | 38,708,301 | Indirect | |
| May 14, 2024 | Common Stock | SSaleDisposed | −7,417 | $10.25 | −$76,024.25 | 4,145 | Direct | |
| May 15, 2024 | Common Stock | SSaleDisposed | −1,000,000 | $10.00 | −$10,000,000 | 37,708,301 | Indirect |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
The Reporting Person is reporting the sale of shares of the Issuer's common stock in connection with the partial repayment of a term loan for which shares of the Issuer's common stock are pledged.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.15, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
Referenced by the price of 1 transaction in Table I.
- F3
Shares held by Longview Capital SVH LLC, a Washington limited liability company ("Longview SVH"). Longview Capital Holdings LLC, a Washington limited liability company ("Longview"), is the sole member of Longview SVH, which exercises ultimate voting and investment power with respect to the shares held by Longview SVH. The Reporting Person is the sole equityholder of Longview and exercises voting and investment power with respect to Longview.
- F4
The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Remarks
This amendment to the Form 4 originally filed by the Reporting Person on May 15, 2024 is being filed solely to include explanatory footnote (1) above regarding the use of proceeds from the sales reported herein.