SEC Form 4 · accession 0001209191-17-046902
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
Jul 28, 2017
Accepted (ET)
Aug 1, 2017 · 3:41 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 | Jul 28, 2017 | M | 96,277 | $0.00 | A | 12,959,106 | D | |
| Common StockF2,F3 | Jul 28, 2017 | F | 26,331 | $4.32 | D | 12,932,775 | 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 AwardF4,F5 | $0.00 | Jul 28, 2017 | M | 96,277 | D | Jul 28, 2017 | Jul 28, 2017 | Common Stock | 96,277 | 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.
- F3As of July 28, 2017, the reporting person beneficially owned 12,932,775 shares of common stock of RealNetworks, of which 12,473,674 were held directly and 459,101 were held by the Glaser Progress Foundation.
- F4Converts into common stock on a unit-for-share basis upon vesting.
- F5100% of this restricted stock unit award vested on July 28, 2017.