SEC Form 4 · accession 0001209191-16-142911
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, 2016
Accepted (ET)
Sep 27, 2016 · 5:05 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, 2016 | M | 1,250 | $0.00 | A | 28,135 | D | |
| Common StockF2 | Mar 24, 2016 | F | 341 | $4.07 | D | 27,794 | D | |
| Common StockF1 | Sep 24, 2016 | M | 1,250 | $0.00 | A | 29,044 | D | |
| Common StockF2 | Sep 24, 2016 | F | 341 | $4.35 | D | 28,703 | 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, 2016 | M | 1,250 | D | Mar 24, 2016 | Mar 24, 2016 | Common Stock | 1,250 | 0 | D |
| Restricted stock unit awardF3,F5 | $0.00 | Sep 24, 2016 | M | 1,250 | D | Sep 24, 2016 | Sep 24, 2016 | 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 upon vesting.
- F4This tranche of restricted stock units fully vested on March 24, 2016.
- F5This tranche of restricted stock units fully vested on September 24, 2016.