SEC Form 4 · accession 0001179110-18-013574
GLU MOBILE INC · GLUU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin T. Smith IV
Director
Period of report
Dec 6, 2018
Accepted (ET)
Dec 7, 2018 · 5:30 pm EST
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 | Dec 6, 2018 | M | 50,000 | $2.40 | A | 189,595 | D | |
| Common Stock | Dec 6, 2018 | S | 50,000 | $7.3022 | D | 139,595 | D | |
| Common Stock | Dec 6, 2018 | S | 29,595 | $7.4013 | D | 110,000 | D | |
| Common Stock | Dec 6, 2018 | S | 100,000 | $7.4003 | D | 10,000 | 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)F4 | $2.40 | Dec 6, 2018 | M | 50,000 | D | — | Jun 6, 2019 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $7.30 to $7.33. 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 sold at each separate price.
- F2Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $7.40 to $7.405. 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 sold at each separate price.
- F3Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $7.40 to $7.405. 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 sold at each separate price.
- F4The option vested over a 12 month period, with 8.333% of the shares vesting on July 6, 2013, the one month anniversary of the vesting commencement date, and the remaining shares vesting in 11 equal monthly installments thereafter, such that the option was fully vested on June 6, 2014.