Sec Form 4 Filing - Zage George Raymond III @ Grindr Inc. - 2024-12-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Zage George Raymond III
2. Issuer Name and Ticker or Trading Symbol
Grindr Inc. [ GRND]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
C/O GRINDR INC., 750 N. SAN VICENTE BLVD. STE RE1400
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2024
(Street)
WEST HOLLYWOOD, CA90069
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/31/2024 X( 1 ) 233,591 A $ 7.51 233,591 I By LLC ( 2 )
Common Stock 12/31/2024 X( 3 ) 271,498 A $ 6.69 505,089 I By LLC ( 2 )
Common Stock 12/31/2024 X( 4 ) 154,875 A $ 6.46 659,964 I By LLC ( 2 )
Common Stock 12/31/2024 X( 5 ) 235,211 A $ 9.03 895,175 I By LLC ( 2 )
Common Stock 5,725,271 D
Common Stock 72,006,333 I By Tiga SVH Investments Ltd. ( 6 )
Common Stock 272,473 I By Tiga Investments Pte. Ltd. ( 7 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Call Option (right to buy) $ 7.51 12/31/2024 X( 1 ) 222,605 04/01/2024 12/31/2024 Common Stock 233,591 $ 0 0 I By LLC ( 2 )
Call Option (right to buy) $ 6.69 12/31/2024 X( 3 ) 258,728 04/01/2024 12/31/2024 Common Stock 271,498 $ 0 0 I By LLC ( 2 )
Call Option (right to buy) $ 6.46 12/31/2024 X( 4 ) 142,805 04/01/2024 12/31/2024 Common Stock 154,875 $ 0 0 I By LLC ( 2 )
Call Option (right to buy) $ 9.03 12/31/2024 X( 5 ) 221,972 03/16/2024 12/31/2024 Common Stock 235,211 $ 0 0 I By LLC ( 2 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Zage George Raymond III
C/O GRINDR INC.
750 N. SAN VICENTE BLVD. STE RE1400
WEST HOLLYWOOD, CA90069
X X
Signatures
/s/ William Shafton, Attorney-in-Fact 01/03/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The call option was exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed to the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, the Reporting Person exercised all 222,605 options, resulting in the right to 233,591 shares of Grindr Inc. common stock.
( 2 )Held by Big Timber Holdings, LLC, a Nevis limited liability company ("Big Timber"). The Reporting Person is the Manager and sole member of Big Timber and exercises ultimate voting and investment power over the shares of the Issuer's common stock held by Big Timber.
( 3 )The call option was exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed to the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, the Reporting Person exercised all 258,728 options, resulting in the right to 271,498 shares of Grindr Inc. common stock.
( 4 )The call option was exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed to the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, the Reporting Person exercised all 142,805 options, resulting in the right to 154,875 shares of Grindr Inc. common stock.
( 5 )The call option was exercisable into a number of shares of Grindr Inc. common stock equal to a principal amount owed to the Reporting Person plus accrued interest at time of exercise divided by the exercise price. On December 31, 2024, the Reporting Person exercised all 221,972 options, resulting in the right to 235,211 shares of Grindr Inc. common stock.
( 6 )Tiga Investments Pte. Ltd. ("TI") is the sole equityholder of Tiga SVH Investments Ltd. ("TSVH") and exercises ultimate voting and investment power over the shares held by TSVH. The Reporting Person is the sole equityholder of TI and exercises ultimate voting and investment power over the shares held by TI. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
( 7 )The Reporting Person is the sole equityholder of TI and exercises ultimate voting and investment power over the shares held by TI. The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purp ose.

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