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RNWK RealNetworks Inc

0.73
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
RealNetworks Inc NASDAQ:RNWK 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% 0.73 0.6552 0.73 0 01:00:00

Statement of Changes in Beneficial Ownership (4)

12/02/2020 10:26pm

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 *

Wan Tim M
2. Issuer Name and Ticker or Trading Symbol

REALNETWORKS INC [ RNWK ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)          (First)          (Middle)

1501 1ST AVENUE SOUTH, STE. 600
3. Date of Earliest Transaction (MM/DD/YYYY)

2/10/2020
(Street)

SEATTLE, WA 98134
(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

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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) $1.33 2/10/2020  A   13750    11/5/2020 (1)2/10/2027 Common Stock 13750 $0.00 13750 D  
Restricted Stock Units $0.00 (2)2/10/2020  A   31015    11/5/2020 (3)11/5/2020 Common Stock 31015 $0.00 31015 D  

Explanation of Responses:
(1) The option will vest and become exercisable in 11 substantially equal monthly installments until the option becomes fully vested on November 5, 2020, provided that the reporting individual continues to serve as a director of RealNetworks through such date.
(2) Each restricted stock unit represents a contingent right to receive one share of RealNetworks common stock.
(3) The shares subject to the restricted stock grant will vest and become exercisable in 11 substantially equal monthly installments until the grant becomes fully vested on November 5, 2020, provided that the reporting individual continues to serve as a director of RealNetworks through such date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Wan Tim M
1501 1ST AVENUE SOUTH, STE. 600
SEATTLE, WA 98134
X



Signatures
/s/ Michael Parham, attorney-in-fact2/12/2020
**Signature of Reporting PersonDate

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