SEC Form 4 · accession 0001179110-15-002082
GLU MOBILE INC · GLUU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory J. Cannon
Officer — Vice President, Finance and IR
Period of report
Feb 5, 2015
Accepted (ET)
Feb 6, 2015 · 7:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001366246
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2015 | M | 65,000 | $1.19 | A | 127,709 | D | |
| Common Stock | Feb 5, 2015 | S | 65,000 | $5.00 | D | 62,709 | D | |
| Common Stock | Feb 5, 2015 | S | 14,548 | $5.00 | D | 48,161 | 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 | $1.19 | Feb 5, 2015 | M | 65,000 | A | — | Apr 11, 2016 | Common Stock | 65,000 | 0 | D |
Explanation of responses
- F1Each of (a) the stock option exercises and the sales of the underlying option shares and (b) the sale of shares held by Mr. Cannon were effected pursuant to a trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 that Mr. Cannon entered into on March 7, 2014.
- F2The option vested and became exercisable with respect to 25% of the shares on April 13, 2011 and the remaining shares vested and became exercisable in equal monthly installments over the following three years, such that the option fully vested on April 13, 2014.