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GLUU Glu Mobile Inc

12.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Glu Mobile Inc NASDAQ:GLUU NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.50 13.00 12.50 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

07/09/2018 10:43pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ludwig Eric R
2. Issuer Name and Ticker or Trading Symbol

GLU MOBILE INC [ GLUU ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP, COO and CFO
(Last)          (First)          (Middle)

C/O GLU MOBILE INC., 875 HOWARD STREET, SUITE 100
3. Date of Earliest Transaction (MM/DD/YYYY)

6/1/2018
(Street)

SAN FRANCISCO, CA 94103
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   9/7/2018     M    142500   A $3.29   222696   (1) D    
Common Stock   9/7/2018     G (2) (3)    142500   D $0   80196   D    
Common Stock   9/7/2018     G (2) (3)    142500   A $0   419462   I   Trust   (4)
Common Stock   9/7/2018     S (2)    142500   D $7.3224   (5) 276962   I   Trust   (4)
Common Stock   8/22/2018     G (3)    23196   D $0   57000   D    
Common Stock   8/22/2018     G (3)    23196   A $0   300153   I   Trust   (4)
Common Stock   6/1/2018     G (6)    4440   D $0   295713   I   Trust   (4)
Common Stock   6/1/2018     G (7)    4440   D $0   291273   I   Trust   (4)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy)   $3.29   9/7/2018     M         142500      (8) 10/9/2018   Common Stock   142500   $0   0   D    

Explanation of Responses:
(1)  Includes 6,648 shares acquired pursuant to Glu Mobile Inc.'s 2007 Employee Stock Purchase Plan on August 21, 2018, which purchase was exempt from reporting Rule 16b-3(c) promulgated under the Securities Exchange Act of 1934, as amended.
(2)  The transactions were effected pursuant to a trading plan covering the exercised stock options which were about to expire on October 9, 2018, designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 (as amended) dated May 31, 2018, as amended on August 2, 2018.
(3)  Represents a transfer of shares to the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
(4)  These shares are held by the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
(5)  Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $7.07 to $7.44. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
(6)  Represents a transfer of shares to Mary B. Ludwig from the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
(7)  Represents a transfer of shares to Megan E. Ludwig from the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
(8)  The option vested over a 48-month period, with 25% of the shares becoming exercisable on October 9, 2013, the one year anniversary of the vesting commencement date, and the remaining shares vesting and becoming exercisable in 36 equal monthly installments thereafter, such that the option was fully vested on October 9, 2016.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ludwig Eric R
C/O GLU MOBILE INC.
875 HOWARD STREET, SUITE 100
SAN FRANCISCO, CA 94103


EVP, COO and CFO

Signatures
/s/ Eric R. Ludwig 9/7/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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