Form 4 for NRDY Nerdy Inc.
Accepted 2024-11-27 00:00:00 ET · period of report 2024-11-25 · accession 0001628280-24-049416 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-11-27 | 2024-11-25 | NRDY | Cohn Charles K. | CEO, Dir, 10% | P - Purchase | $1.44 | +300.0K | 25.08M | +1% | +$432.0K |
| DI | 2024-11-27 | 2024-11-25 | NRDY | Cohn Charles K. | CEO, Dir, 10% | P - Purchase | $1.50 | +150.0K | 1.15M | +15% | +$225.0K |
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 Common Stock | 2024-11-25 | P | A | 300,000 | $1.44 | 25,082,433 | I By Cohn Family Trust U/A/D 3/16/2017 | — | — | (F1) The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $1.40 to $1.48, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price at which the transactions were effected. |
| 2 | Derivative | Class B Common Stock | 2024-11-25 | P | A | 150,000 | $1.50 | 1,150,000 | I By Rarefied Air Capital LLC | — · — to — | 150,000 Class A Common Stock | (F4) Each share of Class B Common Stock is convertible into one share of Class A Common Stock at any time at the option of the holder and in accordance with the terms of the Second Amended and Restated Operating Agreement of Nerdy LLC. |