Grindr Inc 8-K, filed May 5, 2023
Grindr Inc. (GRND)
8-K
2023-05-05
For: 2023-05-02
View Original
Added on
April 08, 2026
About this 8-K
Grindr Inc filed this 8-K on May 5, 2023, reporting on events of May 2, 2023.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 2, 2023
(Exact name of Registrant as Specified in its Charter)
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (310 ) 776-6680
N/A
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading
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Name of each exchange on
which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this
chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new
or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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Equity Grants of Kye Chen as Chief Accounting Officer
As previously disclosed in a Current Report on Form 8-K filed on March 29, 2023, Kye Chen joined Grindr
Inc. (the “Company”) as the Company’s Chief Accounting Officer (“CAO”) on March 27, 2023 (the “CAO Start Date”). In connection with Ms. Chen’s appointment, on May 2, 2023, the Compensation
Committee of the Board of Directors of the Company (the “Compensation Committee”) approved an award under the Company’s 2022 Equity Incentive Plan to Ms. Chen of restricted stock units with respect to 135,000 shares of the Company’s common stock
(the “CAO Award”). The CAO Award will vest over a four year period, with 25% vesting on the first anniversary of the CAO Start Date and the remaining amount vesting in equal quarterly installments over the following three years. Ms. Chen will
also be eligible to participate in the 2023 Bonus Plan (as defined below).
Approval of 2023 Bonus Plan
On May 2, 2023, the Compensation Committee adopted a framework for a 2023 incentive bonus plan (the “2023 Bonus Plan”), which contains cash bonus
targets applicable to certain employees and officers of the Company, including its Chief Product Officer, Austin “AJ” Balance. For participants in the 2023 Bonus Plan, bonus eligibility and payouts will be based on the Company’s attainment of
certain financial objectives and individual performance.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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GRINDR INC.
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Date: May 5, 2023
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By:
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/s/ Vandana Mehta-Krantz
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Name:
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Vandana Mehta-Krantz
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Title:
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Chief Financial Officer
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