SEC Form 4 · accession 0001179110-19-003625
GLU MOBILE INC · GLUU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hany Nada
Director
Period of report
Mar 6, 2019
Accepted (ET)
Mar 8, 2019 · 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 | Mar 6, 2019 | M | 50,000 | $2.40 | A | 240,200 | D | |
| Common Stock | Mar 6, 2019 | S | 50,000 | $9.1775 | D | 190,200 | 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)F2 | $2.40 | Mar 6, 2019 | 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 $9.135 to $9.29. 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.
- F2The option was immediately exercisable and vested over 12 months, with 8.333% of the shares vesting on July 6, 2013 and the remaining shares vesting in equal monthly installments thereafter such that the option was fully vested on June 6, 2014.