SEC Form 4 · accession 0001179110-16-027715
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
Jul 13, 2016
Accepted (ET)
Jul 18, 2016 · 5:28 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 | Jul 13, 2016 | M | 1 | $1.34 | A | 83,771 | D | |
| Common Stock | Jul 13, 2016 | S | 1 | $2.50 | D | 83,770 | D | |
| Common Stock | Jul 14, 2016 | M | 54,999 | $1.34 | A | 138,769 | D | |
| Common Stock | Jul 14, 2016 | S | 54,999 | $2.50 | A | 83,770 | 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 | $1.34 | Jul 13, 2016 | M | 1 | D | — | Sep 28, 2016 | Common Stock | 1 | 54,999 | D |
| Stock Option (right to buy)F2 | $1.34 | Jul 14, 2016 | M | 54,999 | D | — | Sep 28, 2016 | Common Stock | 54,999 | 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. Cannon entered into on March 7, 2016.
- F2The option vested and became exercisable with respect to 25% of the shares on September 28, 2011, with the remaining shares vesting and becoming exercisable in equal monthly installments over the following three years, such that the option was fully vested on September 28, 2014.