SEC Form 4 · accession 0001179110-16-023070
GLU MOBILE INC · GLUU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott Leichtner
Officer — VP and General Counsel
Period of report
Apr 12, 2016
Accepted (ET)
Apr 14, 2016 · 7:50 pm EDT
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 | Apr 12, 2016 | M | 1,250 | $1.19 | A | 60,195 | D | |
| Common Stock | Apr 12, 2016 | S | 1,250 | $2.82 | D | 58,945 | 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 | Apr 12, 2016 | M | 1,250 | D | — | Apr 13, 2016 | Common Stock | 1,250 | 0 | D |
Explanation of responses
- F1The sale was effected pursuant to a trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 that Mr. Leichtner entered into on June 5, 2015.
- F2This option vested and became exercisable over four years, with 25% of the underlying shares vesting and becoming exercisable on April 13, 2011, with the remaining underlying shares vesting and becoming exercisable in equal monthly installments over the following three years, such that the option fully vested on April 13, 2014.