Gearon J Michael Jr's Form 4/A amendment
AmendedGrindr Inc. (GRND) · filed Feb 27, 2025
- Accession no.
- 0001415889-25-005871
- Filed
- Feb 27, 2025
- Trade date
- Jan 27-Feb 10, 2025
- Filing delay
- 31 days
- Rule 10b5-1 plan
- Not checked
- Original filed
- Feb 12, 2025
This filing lists 2 derivative transactions. It was filed 31 days after the trade.
This amendment replaces 0001415889-25-003751 (filed Feb 12, 2025).
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 |
|---|---|
| Gearon J Michael JrCIK 0001060571 | Director, 10% Owner |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
This filing has no transactions of this kind.
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jan 27, 2025 | Common Stock | JOtherDisposed | −26,977 | $0.00 | $0 | 668,423 | Indirect | |
| Feb 10, 2025 | Common Stock | SSaleDisposed | −84,964 | $6.50F5 | −$552,266 | 0 | 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
This disposition was inadvertently omitted from the Reporting Person's prior Form 4.
- F2
Pro rata distribution from 28th Street (defined below) to its members, for no consideration.
- F3
The warrants were exercisable at the time of the reported transaction and were originally scheduled to expire on November 18, 2027. On January 23, 2025, the Issuer announced a redemption of its outstanding warrants, which was completed on February 24, 2025.
- F4
The warrants are held by 28th Street. The Reporting Person and The 1997 Gearon Family Trust are controlling members of 28th Street and, as a result, exercise ultimate voting and investment power with respect to the shares held by 28th Street. 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.
- F5
The price reported in Column 8 is a weighted average price. The warrants were sold in multiple transactions at prices ranging from $6.48 to $6.55. The Reporting Person will provide to the SEC, the issuer or security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Referenced by the price of 1 transaction in Table II.
- F6
The number of warrants held after the February 10 transaction has been amended from the original Form 4 filing on February 12, 2025 to reflect the previously unreported transaction on January 27, 2025 that has been reported on this amendment to the original Form 4 filing.
- F7
The warrants are held by 28th Street Ventures LLC, a Georgia limited liability company ("28th Street"). The Reporting Person and The 1997 Gearon Family Trust are controlling members of 28th Street and, as a result, exercise ultimate voting and investment power with respect to the shares held by 28th Street. 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.