Jaffe Bruce A. 4
4 · REALNETWORKS INC · Filed Dec 3, 2020
Insider Transaction Report
Form 4
REALNETWORKS INCRNWK
Jaffe Bruce A.
Director
Transactions
- Award
Restricted stock units
2020-12-03+28,481→ 28,481 totalExercise: $0.00From: 2021-12-03Exp: 2027-12-03→ common stock (28,481 underlying) - Award
Stock option (right to buy)
2020-12-03+15,000→ 15,000 totalExercise: $1.58From: 2021-12-03Exp: 2027-12-03→ common stock (15,000 underlying)
Footnotes (3)
- [F1]The option will vest and become exercisable in 12 substantially equal monthly installments until the option becomes fully vested and exercisable on the first anniversary of the grant date, provided that the reporting individual continues to serve as a director of RealNetworks through such date.
- [F2]Converts into common stock on a unit-for-share basis on the share distribution date.
- [F3]The restricted stock units vest in 12 substantially equal monthly installments until fully vested on the first anniversary of the grant date, provided that the reporting person continues to serve as a director through such date. The share distribution date applicable to the restricted stock units is the sooner to occur of (1) the first anniversary of the date of grant or (2) the date of separation from the Board.