SEC Form 4 · accession 0001209191-17-053841
REALNETWORKS INC · RNWK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce A. Jaffe
Director
Period of report
Sep 22, 2017
Accepted (ET)
Sep 25, 2017 · 5:10 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 | Sep 22, 2017 | M | 10,297 | $0.00 | A | 22,297 | D |
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)F2 | $4.74 | Sep 22, 2017 | A | 15,000 | A | Sep 22, 2018 | Sep 22, 2024 | Common Stock | 15,000 | 15,000 | D |
| Restricted Stock UnitF3,F4 | $0.00 | Sep 22, 2017 | A | 9,493 | A | Sep 22, 2018 | Sep 22, 2018 | Common Stock | 9,493 | 9,493 | D |
| Restricted Stock UnitsF3,F4 | $0.00 | Sep 22, 2017 | M | 10,297 | D | Sep 22, 2017 | Sep 22, 2017 | Common Stock | 10,297 | 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.
- F2The options will vest and become exercisable in 12 substantially equal monthly installments until the options become fully vested and exercisable on the first anniversary of the grant date, provided that the reporting individual continues to serve as a director of RealNetworks through such date.
- F3Converts into common stock on a unit-for-share basis upon vesting.
- F4The restricted stock units vest in 12 substantially equal monthly installments until fully vested on the first anniversary of the grant date, provided that the reporting person continues to serve as a director through such date. The share distribution date applicable to the restricted stock units is the sooner to occur of (1) the first anniversary of the date of grant or (2) the date of separation from the Board.