Light Street Mercury Master Fund, L.P.'s Form 4 filing
Nerdy Inc. (NRDY) · filed Sep 13, 2021
- Accession no.
- 0001567619-21-017024
- Filed
- Sep 13, 2021
- Trade date
- Sep 9, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 3 non-derivative transactions. Open-market purchases total $8.67M. It was filed 4 days after the trade.
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 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 |
|---|---|---|---|---|---|---|---|---|
| Sep 9, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +771,937 | $10.00F5 | +$7,719,370 | 5,796,937 | Indirect | |
| Sep 9, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +90,000 | $10.00F5 | +$900,000 | 473,756 | Indirect | |
| Sep 9, 2021 | Class A ordinary shares, par value $0.0001 per share | PPurchaseAcquired | +5,500 | $10.00F5 | +$55,000 | 88,944 | 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 September 9, 2021 within a $1.00 range. The actual prices for these transactions range from $9.98 to $10, 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 3 transactions in Table I.