SEC Form 4 · accession 0001209191-15-029297
REALNETWORKS INC · RNWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Parham
Officer — SVP General Counsel
Period of report
Mar 24, 2015
Accepted (ET)
Mar 25, 2015 · 6:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001046327
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Mar 24, 2015 | M | 1,250 | $0.00 | A | 2,159 | D | |
| Common stockF2 | Mar 24, 2015 | F | 330 | $6.96 | D | 1,829 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit awardF3,F4 | $0.00 | Mar 24, 2015 | M | 1,250 | D | Mar 24, 2015 | Mar 24, 2015 | Common Stock | 1,250 | 0 | D |
Explanation of responses
- F1Vested restricted stock units were distributed to the reporting person, without payment, in shares of common stock on a unit-for-share basis.
- F2Shares deemed surrendered in payment of the tax liability resulting from the vesting of restricted stock units.
- F3Converts into common stock on a unit-for-share basis on the share distribution date.
- F4This tranche of restricted stock units fully vested on March 24, 2015.