GLU MOBILE INC 4
4 · GLU MOBILE INC · Filed Dec 20, 2013
Insider Transaction Report
Form 4
GLU MOBILE INCGLUU
Ricchetti Matthew
PRESIDENT OF STUDIOS
Transactions
- Sale
Common Stock
2013-12-18$3.75/sh−25,000$93,750→ 0 total - Exercise/Conversion
Common Stock
2013-12-18$2.26/sh+25,000$56,500→ 25,000 total - Exercise/Conversion
Stock Option (right to buy)
2013-12-18−25,000→ 250,000 totalExercise: $2.26Exp: 2018-11-13→ Common Stock (25,000 underlying)
Footnotes (2)
- [F1]The stock option exercise and the sale of the underlying option shares were effected pursuant to a trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 that Mr. Ricchetti entered into on November 8, 2013.
- [F2]The option vests and becomes exercisable over four years, with 25% of the underlying shares having vested and become exercisable on October 22, 2013, with the remaining underlying shares vesting and becoming exercisable in equal monthly installments over the following three years such that the option will be fully vested on October 22, 2016.