GLU MOBILE INC 4
4 · GLU MOBILE INC · Filed Dec 24, 2013
Insider Transaction Report
Form 4
GLU MOBILE INCGLUU
Ricchetti Matthew
PRESIDENT OF STUDIOS
Transactions
- Exercise/Conversion
Common Stock
2013-12-23$2.26/sh+12,500$28,250→ 12,500 total - Exercise/Conversion
Stock Option (right to buy)
2013-12-23−12,500→ 237,500 totalExercise: $2.26Exp: 2018-11-13→ Common Stock (12,500 underlying) - Sale
Common Stock
2013-12-23$4.00/sh−12,500$50,000→ 0 total
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.