SEC Form 4 · accession 0001209191-18-015723
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
Feb 28, 2018
Accepted (ET)
Mar 2, 2018 · 4:48 pm EST
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 | Feb 28, 2018 | M | 27,720 | $0.00 | A | 44,327 | D | |
| Common StockF2 | Feb 28, 2018 | F | 6,553 | $2.78 | D | 37,774 | 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 | Feb 28, 2018 | A | 27,720 | A | Feb 28, 2018 | Feb 28, 2018 | Common Stock | 27,720 | 27,720 | D |
| Restricted Stock Unit AwardF5 | $0.00 | Feb 28, 2018 | M | 27,720 | D | Feb 28, 2018 | Feb 28, 2018 | Common Stock | 27,720 | 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 (in accordance with Rule 16b-3(d) and Note (3)).
- F3Each restricted stock unit represents a contingent right to receive one share of RealNetworks common stock.
- F4The restricted stock units were fully vested at the time of grant.
- F5Converts into common stock on a unit-for-share basis upon vesting.