0001179110-17-014255.txt : 20171116 0001179110-17-014255.hdr.sgml : 20171116 20171116190055 ACCESSION NUMBER: 0001179110-17-014255 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20171115 FILED AS OF DATE: 20171116 DATE AS OF CHANGE: 20171116 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Ludwig Eric R CENTRAL INDEX KEY: 0001392677 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-33368 FILM NUMBER: 171209259 MAIL ADDRESS: STREET 1: CO GLU MOBILE INC STREET 2: 1800 GATEWAY DRIVE CITY: SAN MATEO STATE: CA ZIP: 94404 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: GLU MOBILE INC CENTRAL INDEX KEY: 0001366246 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 500 HOWARD STREET, SUITE 300 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-800-6100 MAIL ADDRESS: STREET 1: 500 HOWARD STREET, SUITE 300 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 4 1 edgar.xml FORM 4 - X0306 4 2017-11-15 0 0001366246 GLU MOBILE INC GLUU 0001392677 Ludwig Eric R C/O GLU MOBILE INC. 500 HOWARD STREET, SUITE 300 SAN FRANCISCO CA 94105 0 1 0 0 EVP, COO and CFO Common Stock 2017-11-15 4 A 0 15000 0 A 72000 D Common Stock 2017-11-15 4 F 0 7828 3.87 D 64172 D Common Stock 2017-11-15 4 A 0 11250 0 A 75422 D Common Stock 2017-11-15 4 F 0 5871 3.87 D 69551 D Common Stock 2017-11-15 4 A 0 20938 0 A 90489 D Common Stock 2017-11-15 4 F 0 10926 3.87 D 79563 D Common Stock 2017-11-15 4 A 0 5000 0 A 84563 D Common Stock 2017-11-15 4 F 0 2610 3.87 D 81953 D Common Stock 2017-11-15 4 S 0 33000 3.8955 D 214157 I Trust Common Stock 2017-11-15 4 G 0 24953 0 D 57000 D Common Stock 2017-11-15 4 G 0 24953 0 A 239110 I Trust Restricted Stock Units 2017-11-15 4 M 0 15000 0 A Common Stock 15000 60000 D Restricted Stock Unit 2017-11-15 4 M 0 11250 0 A Common Stock 11250 0 D Restricted Stock Units 2017-11-15 4 M 0 20938 0 A Common Stock 20938 167500 D Restricted Stock Units 2017-11-15 4 M 0 5000 0 A Common Stock 5000 5000 D Vesting of restricted stock units ("RSUs") granted to Mr. Ludwig on October 14, 2014. 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 the shares reported as disposed of in this Form 4 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 the shares reported on this Form 4 for any reason other than to cover required taxes. Vesting of RSUs granted to Mr. Ludwig on October 8, 2013. Vesting of RSUs granted to Mr. Ludwig on October 13, 2015. Vesting of RSUs granted to Mr. Ludwig on February 11, 2014. 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, that Eric Ludwig entered into on March 6, 2017 and then assigned to the Ludwig McKillop Trust on August 15, 2017. Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $3.86 to $3.95. 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 sold 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 of subject to the RSU on February 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 May 15, 2016, the next quarterly vesting date was August 15, 2016, 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. The RSU vested as to 25% of the total number of shares of subject to the RSU on November 17, 2014 (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, 2015, the next quarterly vesting date was May 15, 2015, 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. The RSU vested as to 25% of the total number of shares of 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. The RSU vested as to 25% of the total number of shares of subject to the RSU on May 15, 2015 (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 August 15, 2015, the next quarterly vesting date was November 15, 2015, 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. /s/ Eric R. Ludwig 2017-11-15