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Light Street Capital Management, LLC's Form 4 filing

Nerdy Inc. (NRDY) · filed Sep 24, 2021

Accession no.
0001567619-21-017580
Filed
Sep 24, 2021, 7:57 PM ET
Trade date
Sep 22, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 6 non-derivative transactions. Open-market purchases total $1.24M. It was filed 2 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.

Reporting owners on this filing
OwnerRelationship to the company
Light Street Capital Management, LLCCIK 000156904910% Owner
Kacher Glen ThomasCIK 000172353410% Owner
Light Street Mercury Master Fund, L.P.CIK 000172364210% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 22, 2021Class A ordinary shares, par value $0.0001 per sharePPurchaseAcquired+58,057$12.20F5+$708,022.53693,366Indirect
Sep 22, 2021Class A ordinary shares, par value $0.0001 per sharePPurchaseAcquired+10,246$12.20F5+$124,953.04131,139Indirect
Sep 22, 2021Class A ordinary shares, par value $0.0001 per sharePPurchaseAcquired+23,445$12.68F6+$297,324.8716,811Indirect
Sep 22, 2021Class A ordinary shares, par value $0.0001 per sharePPurchaseAcquired+4,137$12.68F6+$52,464.61135,276Indirect
Sep 22, 2021Class A ordinary shares, par value $0.0001 per sharePPurchaseAcquired+3,498$13.45F7+$47,047.05720,309Indirect
Sep 22, 2021Class A ordinary shares, par value $0.0001 per sharePPurchaseAcquired+617$13.45F7+$8,298.46135,893Indirect

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 22, 2021 within a $1.00 range. The actual prices for these transactions range from $11.42 to $12.4, 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 September 22, 2021 within a $1.00 range. The actual prices for these transactions range from $12.43 to $13.36, 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 September 22, 2021 within a $1.00 range. The actual prices for these transactions range from $13.44 to $13.49, 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.

Read the full filing on SEC EDGAR (opens in a new tab)