Form 4 for GRND Grindr Inc.
Accepted 2025-12-02 00:00:00 ET · period of report 2025-11-30 · accession 0002034458-25-000009 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-12-02 | 2025-11-30 | GRND | Katz Zachary | GC, Head of Gbl Affairs | A - Grant | $0.00 | +270.0K | 760.5K | +55% | $0 |
| DM | 2025-12-02 | 2025-11-30 | GRND | Katz Zachary | GC, Head of Gbl Affairs | A - Grant | $0.00 | +135.0K | 60.0K | New | $0 |
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 | Common Stock | 2025-11-30 | A | A | 270,000 | $0.00 | 760,520 | D | — | — | (F1) Represents the number of shares of the Issuer's common stock ("Common Stock") underlying restricted stock units ("RSUs"). Each RSU represents the contingent right to receive one share of Common Stock upon settlement. 20% of RSUs will vest and settle into Common Stock on November 11, 2026, November 11, 2027, November 11, 2028, November 11, 2029, and November 11, 2030, in each case, subject to the Reporting Person's Continuous Service (as defined in the Issuer's Amended and Restated 2022 Equity Incentive Plan (the "2022 Plan")) through each such date. |
| 2 | Derivative | Performance Based Restricted Stock Units | 2025-11-30 | A | A | 60,000 | $0.00 | 60,000 | D | — · — to 2029-03-31 | 60,000 Common Stock | (F4) Each PSU represents a contingent right to receive one share of Common Stock. The PSUs will vest on the first occasion on or prior to March 31, 2029 that (a) the average VWAP of Common Stock over any period of 15 consecutive trading days equals or exceeds $39, or (b) specified market cap or financial performance conditions are met, in each case subject to the Reporting Person's Continuous Service (as defined in the 2022 Plan) through each such date. |
| 3 | Derivative | Performance Based Restricted Stock Units | 2025-11-30 | A | A | 15,000 | $0.00 | 15,000 | D | — · — to — | 15,000 Common Stock | (F2) Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Common Stock. The PSUs will vest 50% if the volume weighted average price ("VWAP") of Common Stock during any period of 20 consecutive trading days during a specified period equals or exceeds $16.64 and 50% of the PSUs will vest if the VWAP of Common Stock during any period of 20 consecutive trading days during a specified period equals or exceeds $20.81, in each case subject to the Reporting Person's Continuous Service (as defined in the 2022 Plan) through each such date. |
| 4 | Derivative | Performance Based Restricted Stock Units | 2025-11-30 | A | A | 60,000 | $0.00 | 60,000 | D | — · — to 2027-12-31 | 60,000 Common Stock | (F3) Each PSU represents a contingent right to receive one share of Common Stock. The PSUs will vest on the first occasion on or prior to December 31, 2027 that (a) the VWAP of Common Stock over any period of 15 consecutive trading days equals or exceeds $26, or (b) specified market cap or financial performance conditions are met, in each case subject to the Reporting Person's Continuous Service (as defined in the 2022 Plan) through each such date. |