SEC Form 4 · accession 0000746210-16-000130
GLOWPOINT, INC. · GLOW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S Lusk
Director
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 4:30 pm EDT
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 | May 26, 2016 | A | 117,647 | $0.34 | A | 284,055 | 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 May 26, 2017, subject to the terms and conditions set forth in the award agreement. The closing price of the issuer's common stock on the day prior to the date of grant was $0.34.