Michael Parham - 20 Aug 2021 Form 4 Insider Report for REALNETWORKS INC

Role
SVP General Counsel
Signature
Michael Parham
Issuer symbol
N/A
Transactions as of
20 Aug 2021
Net transactions value
$0
Form type
4
Filing time
24 Aug 2021, 18:48:35 UTC
Next filing
24 Aug 2022
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNWK Stock Option (right to buy) Award $0 +250,000 $0.000000 250,000 20 Aug 2021 Common Stock 250,000 $1.61 Direct F1
transaction RNWK Restricted Stock Unit Award Award $0 +50,000 $0.000000 50,000 20 Aug 2021 Common Stock 50,000 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 12.5% of the option shall vest upon the completion of each successive six months of employment until the option becomes fully vested on the fourth anniversary of the vesting commencement date.
F2 Converts into common stock on a unit-for-share basis on the share distribution date.
F3 12.5% of the shares shall vest upon the completion of each successive six months of employment until the shares become fully vested on the fourth anniversary of the vesting commencement date.