Filing Details

Accession Number:
0001209191-10-044634
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-08-31 17:31:40
Reporting Period:
2010-08-27
Filing Date:
2010-08-31
Accepted Time:
2010-08-31 17:31:40
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
1458693 A Matthew Drapkin C/o Glu Mobile Inc.
2207 Bridgepointe Parkway, Suite 300
San Mateo CA 94404
Yes No Yes 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 2010-08-27 200,000 $1.00 200,000 No 4 P Direct
Common Stock Acquisiton 2010-08-27 3,000,000 $1.00 5,638,198 No 4 P Indirect See Footnote
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
No 4 P Indirect See Footnote
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrant Acquisiton 2010-08-27 100,000 $0.00 100,000 $1.50
Common Stock Warrant Acquisiton 2010-08-27 1,500,000 $0.00 1,500,000 $1.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
100,000 2010-08-27 2015-08-27 No 4 P Direct
1,500,000 2010-08-27 2015-08-27 No 4 P Indirect
Footnotes
  1. Represents shares purchased by Mr. Drapkin as one of the investors in a private placement transaction (the "Private Placement") in which Glu Mobile Inc. ("Glu") sold an aggregate of 13,495,000 shares of common stock at a price of $1.00 per share and warrants initially exercisable for up to an aggregate of 6,747,500 shares of common stock at an exercise price of $1.50 per share.
  2. Represents 2,670,000 shares purchased by Becker Drapkin Partners, (QP), L.P. and 330,000 shares purchased by Becker Drapkin Partners, L.P. in the Private Placement, which shares Mr. Drapkin may be deemed to beneficially own as he is a co-managing member of BC Advisors, LLC which is the general partner of Becker Drapkin Management, L.P. (of which Mr. Drapkin is a limited partner), and Becker Drapkin Management, L.P. is the general partner of, and investment manager for, each of Becker Drapkin Partners, (QP), L.P. and Becker Drapkin Partners, L.P. Mr. Drapkin disclaims beneficial ownership in such shares of common stock, except to the extent of his pecuniary interest therein.
  3. Represents 5,017,997 shares directly held by Becker Drapkin Partners, (QP), L.P. and 620,201 shares directly held by Becker Drapkin Partners, L.P. Mr. Drapkin disclaims beneficial ownership in such shares of common stock, except to the extent of his pecuniary interest therein.
  4. The warrants provide for weighted-average anti-dilution protection in the event that Glu issues or is deemed to have issued additional shares of common stock at a price per share below the then-current exercise price of the warrants. The exercise price of the warrants and the number of shares of common stock issuable upon exercise of the warrants are also subject to proportional adjustment for stock splits, reverse stock splits, stock dividends or other reclassifications or combinations of Glu's common stock.
  5. Represents a warrant initially exercisable for up to 100,000 shares of common stock that Mr. Drapkin received in the Private Placement
  6. Represents a warrant initially exercisable for up to 1,335,000 shares received by Becker Drapkin Partners, (QP), L.P. and a warrant initially exercisable for up to 165,000 shares received by Becker Drapkin Partners, L.P. in the Private Placement. Mr. Drapkin disclaims beneficial ownership in the shares of common stock underlying such warrants, except to the extent of his pecuniary interest therein.