SEC Form 4 · accession 0001209191-18-052183
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, 2018
Accepted (ET)
Sep 25, 2018 · 5:53 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,F2 | Sep 22, 2018 | M | 9,493 | $0.00 | A | 31,790 | 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 UnitsF3,F4 | $0.00 | Sep 22, 2018 | M | 9,493 | D | Sep 22, 2018 | Sep 22, 2018 | Common Stock | 9,493 | 0 | D |
Explanation of responses
- F1The recipient has made an irrevocable election to defer the share distribution date to a date that is five years following the grant date or concurrent with the Director's separation from the Board.
- F2Vested restricted stock units were distributed to the reporting person, without payment, in shares of common stock on a unit-for-share basis.
- F3Converts into common stock on a unit-for-share basis on the share distribution date.
- 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.