SEC Form 4 · accession 0001179110-18-009685
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
Jul 11, 2018
Accepted (ET)
Jul 13, 2018 · 5:38 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 11, 2018 | M | 105,000 | $3.29 | A | 268,338 | D | |
| Common StockF2 | Jul 11, 2018 | S | 105,000 | $6.1988 | D | 163,338 | 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)F3 | $3.29 | Jul 11, 2018 | M | 105,000 | D | — | Oct 9, 2018 | Common Stock | 105,000 | 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 7, 2018.
- F2Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $6.1001 to $6.30. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
- F3The option vested and became exercisable over four years with 25% of the shares vesting and becoming exercisable on October 9, 2013, the first anniversary of the vesting commencement date, and the remaining shares vesting and becoming exercisable in equal monthly instalments thereafter for a period of three years.