Form 4 for NRDY Nerdy Inc.
Accepted 2022-06-28 00:00:00 ET · period of report 2022-06-24 · accession 0001567619-22-013460 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-06-28 | 2022-06-24 | NRDY | Light Street Mercury Master Fund, L.P. | 10% | S - Sale | $2.86 | -6,100 | 135.4K | -4% | -$17.4K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A ordinary shares, par value $0.0001 per share | 2022-06-24 | S | D | 2,849 | $2.86 | 9,033,943 | I See footnotes | — | — | (F5) This price reflects the weighted average price for open-market sales of Shares made by the Reporting Persons on June 24, 2022 within a $1.00 range. The actual prices for these transactions range from $2.80 to $2.905, 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 sold at each separate price. (F4) LSCM serves as investment adviser and general partner to Mercury, Tungsten and Halo. Mr. Kacher is the Chief Investment Officer and Founder of LSCM. Each of LSCM, Mr. Kacher, Mercury, Tungsten and Halo disclaims beneficial ownership of the Shares reported herein except to the extent of its or his pecuniary interest therein, and the inclusion of such Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. (F1) The Class A ordinary shares ("Shares") are held directly for the account of Light Street Mercury Master Fund, L.P. ("Mercury"), and indirectly by Light Street Capital Management, LLC ("LSCM") and Glen Thomas Kacher ("Mr. Kacher"). |
| 2 | Common | Class A ordinary shares, par value $0.0001 per share | 2022-06-24 | S | D | 2,791 | $2.86 | 717,350 | I See footnotes | — | — | (F5) This price reflects the weighted average price for open-market sales of Shares made by the Reporting Persons on June 24, 2022 within a $1.00 range. The actual prices for these transactions range from $2.80 to $2.905, 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 sold at each separate price. (F2) These Shares are held directly for the account of Light Street Tungsten Master Fund, L.P. ("Tungsten"), and indirectly by LSCM and Mr. Kacher. (F4) LSCM serves as investment adviser and general partner to Mercury, Tungsten and Halo. Mr. Kacher is the Chief Investment Officer and Founder of LSCM. Each of LSCM, Mr. Kacher, Mercury, Tungsten and Halo disclaims beneficial ownership of the Shares reported herein except to the extent of its or his pecuniary interest therein, and the inclusion of such Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |
| 3 | Common | Class A ordinary shares, par value $0.0001 per share | 2022-06-24 | S | D | 460 | $2.86 | 135,409 | I See footnotes | — | — | (F5) This price reflects the weighted average price for open-market sales of Shares made by the Reporting Persons on June 24, 2022 within a $1.00 range. The actual prices for these transactions range from $2.80 to $2.905, 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 sold at each separate price. (F3) These Shares are held directly for the account of Light Street Halo, L.P. ("Halo"), and indirectly by LSCM and Mr. Kacher. (F4) LSCM serves as investment adviser and general partner to Mercury, Tungsten and Halo. Mr. Kacher is the Chief Investment Officer and Founder of LSCM. Each of LSCM, Mr. Kacher, Mercury, Tungsten and Halo disclaims beneficial ownership of the Shares reported herein except to the extent of its or his pecuniary interest therein, and the inclusion of such Shares in this report shall not be deemed an admission of beneficial ownership of all of the reported Shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. |