Light Street Capital Management, LLC's Form 4 filing
Nerdy Inc. (NRDY) · filed Jul 22, 2021
- Accession no.
- 0001567619-21-013844
- Filed
- Jul 22, 2021, 4:34 PM ET
- Trade date
- May 24-Jul 20, 2021
- Filing delay
- 59 daysLate
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 9 non-derivative transactions. Open-market purchases total $1.95M. It was filed 59 days after the trade, past the 2-business-day deadline.
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 |
|---|---|
| Light Street Capital Management, LLCCIK 0001569049 | 10% Owner |
| Kacher Glen ThomasCIK 0001723534 | 10% Owner |
| Light Street Mercury Master Fund, L.P.CIK 0001723642 | 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 24, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +2,462 | $10.20 | +$25,120.03 | 243,512 | Indirect | |
| May 24, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +438 | $10.20 | +$4,468.96 | 59,388 | Indirect | |
| May 25, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +115,000 | $10.14F5 | +$1,165,996.5 | 358,512 | Indirect | |
| May 25, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +19,000 | $10.14F5 | +$192,642.9 | 78,388 | Indirect | |
| May 26, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +25,000 | $10.19F6 | +$254,750 | 385,512 | Indirect | |
| May 26, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +5,000 | $10.19F6 | +$50,950 | 83,388 | Indirect | |
| May 27, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +244 | $10.17 | +$2,480.67 | 383,756 | Indirect | |
| May 27, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +56 | $10.17 | +$569.34 | 83,444 | Indirect | |
| Jul 20, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +25,000 | $9.95F7 | +$248,657.5 | 5,025,000 | 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.
- F5
This price reflects the weighted average purchase price for open-market purchases of Shares made by the Reporting Persons on May 25, 2021 within a $1.00 range. The actual prices for these transactions range from $10.075 to $10.23, inclusive. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each separate price.
Referenced by the price of 2 transactions in Table I.
- F6
This price reflects the weighted average purchase price for open-market purchases of Shares made by the Reporting Persons on May 26, 2021 within a $1.00 range. The actual prices for these transactions range from $10.06 to $10.21, inclusive. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each separate price.
Referenced by the price of 2 transactions in Table I.
- F7
This price reflects the weighted average purchase price for open-market purchases of Shares made by the Reporting Persons on July 20, 2021 within a $1.00 range. The actual prices for these transactions range from $9.945 to $9.95, inclusive. The Reporting Persons further undertake to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of Shares purchased at each separate price.
Referenced by the price of 1 transaction in Table I.