SEC Form 4 · accession 0001179110-16-028040

GLU MOBILE INC · GLUU

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman and CEO · Director

Period of report

Jul 28, 2016

Accepted (ET)

Jul 29, 2016 · 9:14 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
Common Stock	Jul 28, 2016	M	27,778	$1.77	A	479,740	D
Common Stock	Jul 28, 2016	F	20,922	$2.35	D	458,818	D
Common Stock	Jul 28, 2016	F	3,578	$2.35	D	455,240	D
Common Stock	Jul 28, 2016	M	9,723	$2.03	A	464,963	D
Common Stock	Jul 28, 2016	F	8,399	$2.35	D	456,564	D
Common Stock	Jul 28, 2016	F	691	$2.35	D	455,873	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (right to buy)^F3	$1.77	Jul 28, 2016	M	27,778	D	—	Oct 21, 2016	Common Stock	27,778	0	D
Stock Option (right to buy)^F3	$2.03	Jul 28, 2016	M	9,723	D	—	Jan 3, 2017	Common Stock	9,723	0	D

F1Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. These shares were withheld and cancelled by Glu Mobile Inc. ("Glu") at the market price of $2.35 per share less the exercise price of $1.77 to fund the cashless exercise of 27,778 options owned by Mr. de Masi, which cashless exercise approved by the board of directors of Glu.
F2Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. These shares were relinquished by Mr. de Masi and cancelled by Glu in exchange for Glu's agreement to pay federal and state tax withholding obligations of Mr. de Masi resulting from the vesting of RSUs. Mr. de Masi did not sell or otherwise dispose of any of these shares for any reason other than to cover required taxes.
F3The option vested and became exercisable with respect to 25% of the shares on October 10, 2010, 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 October 10, 2014.