SEC Form 4 · accession 0001179110-18-011223

GLU MOBILE INC · GLUU

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

Reporting owner

Eric R Ludwig

Officer — EVP, COO and CFO

Period of report

Jun 1, 2018

Accepted (ET)

Sep 7, 2018 · 5:41 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^F1	Sep 7, 2018	M	142,500	$3.29	A	222,696	D
Common Stock	Sep 7, 2018	G	142,500	$0.00	D	80,196	D
Common Stock^F4	Sep 7, 2018	G	142,500	$0.00	A	419,462	I	Trust
Common Stock^F5,F4	Sep 7, 2018	S	142,500	$7.3224	D	276,962	I	Trust
Common Stock	Aug 22, 2018	G	23,196	$0.00	D	57,000	D
Common Stock^F4	Aug 22, 2018	G	23,196	$0.00	A	300,153	I	Trust
Common Stock^F4	Jun 1, 2018	G	4,440	$0.00	D	295,713	I	Trust
Common Stock^F4	Jun 1, 2018	G	4,440	$0.00	D	291,273	I	Trust

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)^F8	$3.29	Sep 7, 2018	M	142,500	D	—	Oct 9, 2018	Common Stock	142,500	0	D

Explanation of responses

F1Includes 6,648 shares acquired pursuant to Glu Mobile Inc.'s 2007 Employee Stock Purchase Plan on August 21, 2018, which purchase was exempt from reporting Rule 16b-3(c) promulgated under the Securities Exchange Act of 1934, as amended.
F2The transactions were effected pursuant to a trading plan covering the exercised stock options which were about to expire on October 9, 2018, designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 (as amended) dated May 31, 2018, as amended on August 2, 2018.
F3Represents a transfer of shares to the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
F4These shares are held by the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
F5Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $7.07 to $7.44. 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.
F6Represents a transfer of shares to Mary B. Ludwig from the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
F7Represents a transfer of shares to Megan E. Ludwig from the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
F8The option vested over a 48-month period, with 25% of the shares becoming exercisable on October 9, 2013, the one year anniversary of the vesting commencement date, and the remaining shares vesting and becoming exercisable in 36 equal monthly installments thereafter, such that the option was fully vested on October 9, 2016.