GLU MOBILE INC 4
4 · GLU MOBILE INC · Filed May 13, 2016
Insider Transaction Report
Form 4
GLU MOBILE INCGLUU
Wilson Tim
Chief Technology Officer
Transactions
- Award
Stock Option (right to buy)
2016-05-12+150,000→ 150,000 totalExercise: $2.30Exp: 2026-05-12→ Common Stock (150,000 underlying) - Award
Restricted Stock Units
2016-05-12+150,000→ 150,000 total→ Common Stock (150,000 underlying)
Footnotes (3)
- [F1]The option vests and becomes exercisable over four years with 25% of the shares vesting on the first anniversary of the grant date and the remaining shares vesting and becoming exercisable in equal monthly installments thereafter for a period of three years.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Glu Mobile Inc. common stock.
- [F3]The restricted stock unit (the "RSU") will vest as to 25% of the total number of shares subject to the RSU on May 15, 2017 (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 will be August 15, 2017, the next quarterly vesting date will be November 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.