Filing Details
- Accession Number:
- 0001179110-17-011632
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-08-17 17:47:58
- Reporting Period:
- 2017-08-15
- Filing Date:
- 2017-08-17
- Accepted Time:
- 2017-08-17 17:47:58
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1366246 | Glu Mobile Inc | GLUU | Services-Computer Programming Services (7371) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1392677 | R Eric Ludwig | C/O Glu Mobile Inc. 500 Howard Street, Suite 300 San Francisco CA 94105 | Evp, Coo And Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-08-15 | 11,250 | $0.00 | 68,250 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2017-08-15 | 5,871 | $3.09 | 62,379 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2017-08-15 | 5,000 | $0.00 | 67,379 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2017-08-15 | 2,610 | $3.09 | 64,769 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2017-08-15 | 15,000 | $0.00 | 79,769 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2017-08-15 | 7,828 | $3.09 | 71,941 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2017-08-15 | 20,937 | $0.00 | 92,878 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2017-08-15 | 10,925 | $3.09 | 81,953 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2017-08-15 | 49,000 | $3.12 | 222,204 | No | 4 | S | Indirect | Trust |
| Common Stock | Disposition | 2017-08-16 | 24,953 | $0.00 | 57,000 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2017-08-16 | 24,953 | $0.00 | 247,157 | No | 4 | G | Indirect | Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Indirect | Trust |
| No | 4 | G | Direct | |
| No | 4 | G | Indirect | Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2017-08-15 | 11,250 | $0.00 | 11,250 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2017-08-15 | 5,000 | $0.00 | 5,000 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2017-08-15 | 15,000 | $0.00 | 15,000 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2017-05-15 | 20,937 | $0.00 | 20,937 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 11,250 | No | 4 | M | Direct | ||
| 10,000 | No | 4 | M | Direct | ||
| 75,000 | No | 4 | M | Direct | ||
| 188,438 | No | 4 | M | Direct |
Footnotes
- Vesting of restricted stock units ("RSUs") granted to Mr. Ludwig on October 8, 2013.
- Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this row were relinquished by Mr. Ludwig and cancelled by Glu Mobile Inc. ("Glu") in exchange for Glu's agreement to pay federal and state tax withholding obligations of Mr. Ludwig resulting from the vesting of RSUs. Mr. Ludwig did not sell or otherwise dispose of any of the shares reported on this row for any reason other than to cover required taxes.
- Vesting of RSUs granted to Mr. Ludwig on February 11, 2014.
- Vesting of RSUs granted to Mr. Ludwig on October 14, 2014.
- Vesting of RSUs granted to Mr. Ludwig on October 13, 2015.
- The sale was effected pursuant to a trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, that Mr. Ludwig entered into on March 6, 2017.
- Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $3.09 to $3.16. 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.
- Represents a transfer of shares to the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees
- These shares are held by the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
- Each restricted stock unit represents a contingent right to receive one share of Glu common stock.
- The RSU vested as to 25% of the total number of shares of subject to the RSU on November 17, 2014 (the "RSU First Vesting Date"), with the remaining 75% of the underlying shares vesting in equal quarterly installments over the next three years following the RSU First Vesting Date on the same day of each third month (e.g., the first quarterly vesting date was February 15, 2015, the next quarterly vesting date was May 15, 2015, etc.); provided, however, that if any portion of the RSU vests on a date that is a non-trading day on The NASDAQ Stock Market, then the RSU will vest on the next trading day.
- The RSU vested as to 25% of the total number of shares of subject to the RSU on May 15, 2015 (the "RSU First Vesting Date"), with the remaining 75% of the underlying shares vesting in equal quarterly installments over the next three years following the RSU First Vesting Date on the same day of each third month (e.g., the first quarterly vesting date was August 15, 2015, the next quarterly vesting date was November 15, 2015, etc.); provided, however, that if any portion of the RSU vests on a date that is a non-trading day on The NASDAQ Stock Market, then the RSU will vest on the next trading day.
- The RSU vested as to 25% of the total number of shares of subject to the RSU on February 15, 2016 (the "RSU First Vesting Date"), with the remaining 75% of the underlying shares vesting in equal quarterly installments over the next three years following the RSU First Vesting Date on the same day of each third month (e.g., the first quarterly vesting date was May 15, 2016, the next quarterly vesting date was August 15, 2016, etc.); provided, however, that if any portion of the RSU vests on a date that is a non-trading day on The NASDAQ Stock Market, then the RSU will vest on the next trading day.
- The RSU vested as to 25% of the total number of shares of subject to the RSU on November 15, 2016 (the "RSU First Vesting Date"), with the remaining 75% of the underlying shares vesting in equal quarterly installments over the next three years following the RSU First Vesting Date on the same day of each third month (e.g., the first quarterly vesting date was February 15, 2017, the next quarterly vesting date was May 15, 2017, etc.); provided, however, that if any portion of the RSU vests on a date that is a non-trading day on The NASDAQ Stock Market, then the RSU will vest on the next trading day.
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