SEC Form 4 · accession 0001209191-16-156563
REALNETWORKS INC · RNWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Glaser
Officer — Chairman and CEO · Director · 10% Owner
Period of report
Dec 22, 2016
Accepted (ET)
Dec 22, 2016 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001046327
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $4.87 | Dec 22, 2016 | A | 400,000 | A | — | Dec 22, 2023 | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1The option becomes exercisable only in the event of attainment of certain target total shareholder return objectives within three years of the grant date. Upon achievement of such TSR objectives, the option vests in equal installments over four years from the grant date, with retroactive vesting upon achievement of the TSR objectives.