4//SEC Filing
Hughes Becky Ann 4
Accession 0001214659-21-002036
CIK 0001366246other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 8:30 PM ET
Size
17.5 KB
Accession
0001214659-21-002036
Insider Transaction Report
Form 4
GLU MOBILE INCGLUU
Hughes Becky Ann
Senior Vice President, Revenue
Transactions
- Exercise/Conversion
Common Stock
2021-02-16+3,469→ 157,085 total - Tax Payment
Common Stock
2021-02-16$12.63/sh−1,200$15,156→ 155,885 total - Exercise/Conversion
Common Stock
2021-02-16+18,570→ 174,455 total - Tax Payment
Common Stock
2021-02-16$12.63/sh−6,818$86,111→ 167,637 total - Award
Restricted Stock Units
2021-02-16+18,570→ 18,570 total→ Common Stock (18,570 underlying) - Exercise/Conversion
Restricted Stock Units
2021-02-16−18,570→ 0 total→ Common Stock (18,570 underlying) - Exercise/Conversion
Restricted Stock Units
2021-02-16−3,469→ 58,984 total→ Common Stock (3,469 underlying)
Footnotes (5)
- [F1]Vesting of restricted stock units (RSUs) granted to Ms. Hughes on December 17, 2019.
- [F2]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 Form 4 were relinquished by Ms. Hughes and cancelled by Glu Mobile Inc. ("Glu") in exchange for Glu's agreement to pay federal and state tax withholding obligations of Ms. Hughes resulting from the vesting of RSUs. Ms. Hughes did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- [F3]Represents performance stock units granted to the Reporting Person on October 10, 2017, that vested on February 16, 2021 as a result of the Reporting Person having met the applicable performance criteria.
- [F4]Each RSU represents a contingent right to receive one share of Glu common stock.
- [F5]The RSU vested as to 25% of the total number of shares subject to the RSU on December 17, 2020, with 4.166% of the underlying shares vested on February 16, 2021, an additional 6.25% of the underlying shares vesting in each of the following 11 quarters on the same day of each third month (e.g., the first such quarterly vesting date will be May 15, 2021, the next quarterly vesting date will be August 15, 2021, etc.), with the final 2.0833% of the underlying shares vesting on February 15, 2024; provided, however, that if any portion of the RSU vests on a date that is a nontrading day on The Nasdaq Stock Market, then the RSU will vest on the next trading day.
Documents
Issuer
GLU MOBILE INC
CIK 0001366246
Entity typeother
Related Parties
1- filerCIK 0001797072
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 8:30 PM ET
- Size
- 17.5 KB