SEC Form 4 · accession 0001179110-17-013280

GLU MOBILE INC · GLUU

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

Reporting owner

Officer — Executive Chairman · Director

Period of report

Oct 11, 2017

Accepted (ET)

Oct 13, 2017 · 4:56 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	Oct 11, 2017	M	237,500	$2.90	A	855,427	D
Common Stock	Oct 11, 2017	F	181,250	$3.80	D	674,177	D
Common Stock	Oct 11, 2017	F	29,352	$3.80	D	644,825	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	$2.90	Oct 11, 2017	M	237,500	A	—	Oct 20, 2017	Common Stock	237,500	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 $3.80 per share less the exercise price of $2.90 to fund the cashless exercise of 237,500 options owned by Mr. de Masi.
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 20, 2012, with the remaining shares vesting and becoming exercisable in equal monthly installments over the following three years.