SEC Form 4 · accession 0000746210-15-000026
GLOWPOINT, INC. · GLOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Archer
Director
Period of report
Jan 27, 2015
Accepted (ET)
Jan 29, 2015 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000746210
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF1 | Jan 27, 2015 | A | 56,389 | $1.05 | A | 94,205 | D | |
| common stockF2 | Jan 27, 2015 | D | 19,047 | $1.05 | D | 75,158 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of time-based restricted stock units under the issuer's 2014 Equity Incentive Plan. Each time-based restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. The units are scheduled to vest January 1, 2016, subject to the terms and conditions set forth in the award agreement. The closing price of the issuer's common stock on the date of grant was $1.05.
- F2The issuer purchased from the reporting person 19,047 shares of restricted stock granted to the reporting person on May 28, 2014 under the issuer's 2007 Stock Incentive Plan to satisfy the reporting person's tax obligations relating to such grant.