4//SEC Filing
Ensing Michael 4
Accession 0001209191-20-065243
CIK 0001046327other
Filed
Dec 27, 7:00 PM ET
Accepted
Dec 28, 6:16 PM ET
Size
8.4 KB
Accession
0001209191-20-065243
Insider Transaction Report
Form 4
REALNETWORKS INCRNWK
Ensing Michael
President & COO
Transactions
- Award
Restricted Stock Units
2020-12-23+135,005→ 135,005 totalExercise: $0.00From: 2021-08-17Exp: 2021-08-17→ common stock (135,005 underlying) - Award
Restricted Stock Units
2020-12-23+1,000,000→ 1,000,000 totalExercise: $0.00From: 2021-08-03Exp: 2025-08-03→ common stock (1,000,000 underlying)
Footnotes (3)
- [F1]Converts into common stock on a unit-for-share basis upon vesting.
- [F2]40% of the shares subject to the award shall vest on August 3, 2022; an additional 40% of the shares shall vest on August 3, 2024; and the final 20% of the award shall vest on August 3, 2025, subject in all cases to continued full-time employment with the Company on each vesting date. In the event that certain pre-established trading prices and trading volumes are achieved, then the vesting of 50% of shares scheduled to vest on the two-year anniversary and 50% of the shares scheduled to vest on the four-year anniversary of August 3, 2020, respectively, will be accelerated by one year.
- [F3]The shares subject to the award will fully vest and become exercisable on August 17, 2021, subject to continued full-time employment with the Company on such date.
Documents
Issuer
REALNETWORKS INC
CIK 0001046327
Entity typeother
Related Parties
1- filerCIK 0001802718
Filing Metadata
- Form type
- 4
- Filed
- Dec 27, 7:00 PM ET
- Accepted
- Dec 28, 6:16 PM ET
- Size
- 8.4 KB