Sec Form 4 Filing - Hoffer Gregory T @ GLOBALSCAPE INC - 2017-05-12

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 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person Hoffer Gregory T 2. Issuer Name and Ticker or Trading Symbol GLOBALSCAPE INC [ GSB] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Vice President of Engineering (Last) (First) (Middle) 4500 LOCKHILL SELMA, STE 150 3. Date of Earliest Transaction (MM/DD/YY) 05/12/2017 (Street) SAN ANTONIO, TX78249 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 Common Stock 05/12/2017 M 50,000 ( 2 ) A $ 2.35 50,100 D Common Stock 05/12/2017 S 50,000 ( 3 ) D $ 4.14 100 D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (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) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Non-Qualified Stock Option ( 2 ) $ 2.35 05/12/2017 M 50,000 05/12/2017 01/02/2024 Common Stock 50,000 $ 0 0 D Incentive Stock Option $ 3.52 ( 1 ) 02/01/2026 Common Stock 100,000 100,000 D Incentive Stock Option $ 3.73 ( 1 ) 02/08/2027 Common Stock 11,900 111,900 D Non-Qualified Stock Option $ 3.73 ( 1 ) 02/08/2027 Common Stock 23,100 135,000 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other Hoffer Gregory T 4500 LOCKHILL SELMA STE 150 SAN ANTONIO, TX78249 Vice President of Engineering Signatures /s/ Gregory T. Hoffer 05/15/2017 Signature of Reporting Person Date

Explanation of Responses:

( 1 )1/3 of the total shares under this option vest and are available for purchase on each annual anniversary date of the grant date of the option. ( 2 )Exercise of option to purchase common stock. Includes shares which were sold to pay the exercise price, to cover withholding taxes and to pay broker fees and commissions pursuant to a broker-assisted cashless exercise. ( 3 )Price reflected is a weighted-average sales price for shares sold. The shares were sold in multiple transactions and the range of sales prices for the transactions reported was $4.07 to $4.22. The reporting person undertakes to provide the issuer, any security holder of the issuer or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.

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 4(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).

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