SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
BALLARD GREGORY L

(Last) (First) (Middle)
C/O GLU MOBILE INC.
1800 GATEWAY DRIVE, SECOND FLOOR

(Street)
SAN MATEO CA 94404

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/21/2007
3. Issuer Name and Ticker or Trading Symbol
GLU MOBILE INC [ GLUU ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
5. If Amendment, Date of Original Filed (Month/Day/Year)
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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 244,445 I Held by Trust(1)
Common Stock 26,666 I As Custodian for Minor Children(2)
Common Stock 150,000 I Held by Trust(3)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) 10/01/2003(4) 10/01/2008 Common Stock 105,556 $0.18 D
Employee Stock Option (right to buy) 11/03/2004(5) 12/03/2009 Common Stock 166,666 $0.75 D
Employee Stock Option (right to buy) 03/01/2005(6) 07/20/2016 Common Stock 183,333 $3.9 D
Employee Stock Option (right to buy) 09/07/2007(7) 09/07/2016 Common Stock 133,332 $3.9 D
Explanation of Responses:
1. These securities are held by L. Gregory Ballard and Lucy H. Ballard Revocable Trust U/A/D October 26, 1966, of which Mr. Ballard is a Co-trustee.
2. These securities are held in custodial accounts for Mr. Ballard's minor children.
3. These securities are held in a Grantor Retained Annuity Trust, of which Mr. Ballard is a trustee.
4. Immediately exercisable. Option vests over four years with 25% of the shares vesting one year after grant, and the remaining shares vesting in equal monthly installments thereafter for a period of three years.
5. Immediately exercisable. Options vest monthly.
6. Immediately exercisable. Options vest over four years, with 50% of the shares vesting after 2 years and the remaining shares vesting in equal montly installments thereafter.
7. Options vest over four years with 25% of the shares vesting one year after grant, and the remaining shares vest in equal monthly installments thereafter for a period of three years.
/s/ L. Gregory Ballard by Kevin Chou, Attorney-in-Fact 03/21/2007
** 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 5 (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 Number.