Filing Details
- Accession Number:
- 0001628280-24-048308
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-11-18 18:03:28
- Reporting Period:
- 2024-11-14
- Accepted Time:
- 2024-11-18 18:03:28
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1819404 | Nerdy Inc. | NRDY | Services-Educational Services (8200) | 981499860 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1880171 | K. Charles Cohn | 8001 Forsyth Blvd., Suite 1050 St. Louis MO 63105 | Chief Executive Officer | Yes | Yes | 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 Common Stock | Acquisiton | 2024-11-14 | 208,726 | $0.87 | 21,157,650 | No | 4 | P | Indirect | By Cohn Family Trust U/A/D 3/16/2017 |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By Cohn Family Trust U/A/D 3/16/2017 |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | Acquisiton | 2024-11-14 | 1,000,000 | $1.00 | 1,000,000 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,000,000 | No | 4 | P | Indirect |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Class A Common Stock | 510,704 | Indirect | By Cohn Family Trust 5/24/18 |
Class A Common Stock | 13,025,870 | Indirect | Rarefied Air Capital LLC |
Class A Common Stock | 9,258,298 | Direct | |
Class A Common Stock | 510,704 | Indirect | By Cohn Family Investments Trust dtd 5/24/18 |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Class A Common Stock | Class B Common Stock | $0.00 | 11,275,428 | 11,275,428 | Indirect | ||
Class A Common Stock | Class B Common Stock | $0.00 | 29,789,570 | 29,789,570 | Indirect |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
11,275,428 | 11,275,428 | Indirect | |
29,789,570 | 29,789,570 | Indirect |
Footnotes
- The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.83 to $0.90, 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.
- Rarefied Air Capital LLC is owned by three trusts: Cohn Family Trust U/A/D 3/16/2017, The Cohn Family Investments Trust 05/24/18, and 2018 Cohn Family Trust U/A/D 5/24/2018.
- 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.