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Filing Details

Accession Number:: 0001179110-19-011822
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2019-11-18 20:32:39
Reporting Period:: 2019-11-15

Accepted Time:: 2019-11-18 20:32:39
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1366246	Glu Mobile Inc	GLUU	Services-Computer Programming Services (7371)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1392677	R Eric Ludwig	C/O Glu Mobile Inc. 875 Howard Street, Suite 100 San Francisco CA 94103	Evp, Coo And Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2019-11-15	20,938	$0.00	77,938	No	4	M	Direct
Common Stock	Disposition	2019-11-15	11,297	$5.66	66,641	No	4	F	Direct
Common Stock	Disposition	2019-11-15	20,000	$5.75	358,052	No	4	S	Indirect	Trust
Common Stock	Disposition	2019-11-18	9,641	$0.00	57,000	No	4	G	Direct
Common Stock	Acquisiton	2019-11-18	9,641	$0.00	367,693	No	4	G	Indirect	Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	F	Direct
No	4	S	Indirect	Trust
No	4	G	Direct
No	4	G	Indirect	Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Acquisiton	2019-11-15	20,938	$0.00	20,938	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0			No	4	M	Direct

Footnotes

Vesting of restricted stock units (RSUs) granted to Mr. Ludwig on October 13, 2015.
Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of these shares reported were relinquished by Mr. Ludwig and cancelled by Glu Mobile Inc. ("Glu") in exchange for Glu's agreement to pay federal and state tax withholding obligations of Mr. Ludwig resulting from the vesting of RSUs. Mr. Ludwig did not sell or otherwise dispose of any of these shares for any reason other than to cover required taxes.
The sale was effected pursuant to a trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 (as amended) dated September 6, 2019.
Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $5.66 to $5.85. 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.
These shares are held by the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
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.
Each RSU represents a contingent right to receive one share of Glu common stock.
The RSU vested as to 25% of the total number of shares subject to the RSU on November 15, 2016 (the "RSU First Vesting Date"), with the remaining 75% of the underlying shares vesting in equal quarterly installments over the next three years following the RSU First Vesting Date on the same day of each third month (e.g., the first quarterly vesting date was February 15, 2017, the next quarterly vesting date was May 15, 2017, etc.); provided, however, that if any portion of the RSU vests on a date that is a non-trading day on The Nasdaq Stock Market, then the RSU will vest on the next trading day.