Gates Tyler 4
4 · Glimpse Group, Inc. · Filed Mar 5, 2024
Insider Transaction Report
Form 4
Gates Tyler
Chief Futurist Officer
Transactions
- Disposition to Issuer
Stock Option (Right to Purchase)
2024-02-29−9,216→ 0 total→ Common Stock (9,216 underlying) - Award
Stock Option (Right to Purchase)
2024-03-01+5,532→ 5,532 totalExp: 2031-03-01→ Common Stock (5,532 underlying)
Footnotes (2)
- [F1]Represents the forfeiture, by Mr. Gates, of fully vested options to purchase an aggregate of 9,216 shares of the issuer's common stock granted under the issuer's 2016 equity incentive plan, as amended (the "2016 Plan"), consisting of (i) options to purchase 4,608 shares of the issuer's common stock granted to Mr. Gates on January 6, 2023 with an exercise price of $7.00 per share, and (ii) options to purchase 4,608 shares of the issuer's common stock granted to Mr. Gates on April 1, 2023 with an exercise price of $7.00 per share. The foregoing options were to expire 10 years from their respective grant dates.
- [F2]Mr. Gates was granted options to purchase an aggregate of 5,532 shares of the issuer's common stock under the 2016 Plan on March 1, 2023, consisting of (i) options to purchase 1,844 shares of the issuer's common stock, at an exercise price of $3.00 per share, which options vest on March 1, 2025, (ii) options to purchase 1,844 shares of the issuer's common stock, at an exercise price of $2.50 per share, which options vest on March 1, 2026, and (ii) options to purchase 1,844 shares of the issuer's common stock, at an exercise price of $2.00 per share, which options vest on March 1, 2027. The foregoing options are set to expire seven years from the grant date.