Filing Details

Accession Number:
0001567619-22-013337
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-06-23 19:50:28
Reporting Period:
2022-06-21
Accepted Time:
2022-06-23 19:50:28
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1819404 Nerdy Inc. NRDY () DE
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1569049 Light Street Capital Management, Llc 505 Hamilton Avenue
Suite 110
Palo Alto CA 94301
No No Yes No
1723534 Thomas Glen Kacher 505 Hamilton Avenue
Suite 110
Palo Alto CA 94301
No No Yes No
1723642 Light Street Mercury Master Fund, L.p. 505 Hamilton Avenue
Suite 110
Palo Alto CA 94301
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Ordinary Shares, Par Value $0.0001 Per Share Disposition 2022-06-21 63,000 $3.11 9,037,000 No 4 S Indirect See footnotes
Class A Ordinary Shares, Par Value $0.0001 Per Share Disposition 2022-06-23 208 $2.81 9,036,792 No 4 S Indirect See footnotes
Class A Ordinary Shares, Par Value $0.0001 Per Share Disposition 2022-06-23 168 $2.81 720,141 No 4 S Indirect See footnotes
Class A Ordinary Shares, Par Value $0.0001 Per Share Disposition 2022-06-23 24 $2.81 135,869 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
No 4 S Indirect See footnotes
Footnotes
  1. 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. These Shares are held directly for the account of Light Street Tungsten Master Fund, L.P. ("Tungsten"), and indirectly by LSCM and Mr. Kacher.
  3. These Shares are held directly for the account of Light Street Halo, L.P. ("Halo"), and indirectly by LSCM and Mr. Kacher.
  4. 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.
  5. This price reflects the weighted average price for open-market sales of Shares made by the Reporting Persons on June 21, 2022 within a $1.00 range. The actual prices for these transactions range from $3.035 to $3.315, 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.
  6. This price reflects the weighted average price for open-market sales of Shares made by the Reporting Persons on June 23, 2022 within a $1.00 range. The actual prices for these transactions range from $2.80 to $2.815, 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.