Sec Form 4 Filing - Lee Gordon S @ GLU MOBILE INC - 2019-02-15

Insider filing report for Changes in Beneficial Ownership
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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
Lee Gordon S
2. Issuer Name and Ticker or Trading Symbol
GLU MOBILE INC [ GLUU]
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 Accounting
(Last) (First) (Middle)
C/O GLU MOBILE INC., 875 HOWARD STREET, SUITE 100
3. Date of Earliest Transaction (MM/DD/YY)
02/15/2019
(Street)
SAN FRANCISCO, CA94103
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 02/15/2019 M( 1 ) 7,812 A $ 0 22,142 D
Common Stock 02/15/2019 F( 2 ) 3,824 D $ 9.53 18,318 D
Common Stock 02/15/2019 M( 3 ) 10,610 A $ 0 28,928 D
Common Stock 02/15/2019 F( 2 ) 5,822 D $ 9.53 23,106 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
Restricted Stock Units ( 4 ) 02/15/2019 M( 1 ) 7,812 ( 5 ) ( 5 ) Common Stock 7,812 $ 0 70,313 D
Restricted Stock Units ( 4 ) 02/15/2019 A( 3 ) 10,610 ( 3 ) ( 3 ) Common Stock 10,610 $ 0 10,610 D
Restricted Stock Units ( 4 ) 02/15/2019 M( 3 ) 10,610 ( 3 ) ( 3 ) Common Stock 10,610 $ 0 0 D
Stock Options $ 3.59 02/15/2019 A( 6 ) 138,594 ( 6 ) 10/10/2027 Common Stock 138,594 $ 3.59 138,594 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lee Gordon S
C/O GLU MOBILE INC.
875 HOWARD STREET, SUITE 100
SAN FRANCISCO, CA94103
Vice President of Accounting
Signatures
/s/ Gordon S. Lee 02/19/2019
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Vesting of restricted stock units (RSUs) granted to Mr. Lee on April 11, 2017.
( 2 )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. Lee and cancelled by Glu Mobile Inc. ("Glu") in exchange for Glu's agreement to pay federal and state tax withholding obligations of Mr. Lee resulting from the vesting of RSUs. Mr. Lee 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.
( 3 )Represents performance stock units granted to the Reporting Person on October 10, 2017, that vested on February 15, 2019 as a result of the Reporting Person having met the applicable performance criteria.
( 4 )Each RSU represents a contingent right to receive one share of Glu common stock.
( 5 )The RSU vested as to 25% of the total number of shares subject to the RSU on May 15, 2018 (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, 2018, the next quarterly vesting date was November 15, 2018, 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.
( 6 )Represents performance stock options granted to the Reporting Person on October 10, 2017, that vested and became exercisable on February 15, 2019 as a result of the Reporting Person having met the applicable performance criteria.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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