Smith David John 4
4 · Glimpse Group, Inc. · Filed May 31, 2023
Insider Transaction Report
Form 4
Smith David John
DirectorChief Creative Officer
Transactions
- Award
Stock Options (right to buy)
2023-04-01+4,500→ 4,500 totalExercise: $7.00From: 2023-04-01Exp: 2033-04-01→ Common Stock (4,500 underlying)
Footnotes (2)
- [F1]On April 1, 2023, the Company, under its 2016 Incentive Plan, agreed to issue Mr. Smith options (the "Options") to purchase 4,500 shares of Common Stock in lieu of cash salary, which are fully vested upon issuance.
- [F2]The beneficial ownership set forth above does not include the 59,849 options to purchase common stock already held by Mr. Smith. Furthermore, the ownership reflected herein does not include 250 shares directly held by Mr. Smith or 1,002,298 shares indirectly held by Mr. Smith (through VRTech Consulting LLC - an entity owned and managed by Mr. Smith). In addition, on February 15, 2023, the Company, under its 2016 Incentive Plan, issued to Mr. Smith options to purchase 220,000 shares of Common Stock, subject to the terms and conditions of Mr. Smith's Options Agreement, which includes certain Company performance provisions.