Michael Ensing - Aug 17, 2021 Form 4 Insider Report for REALNETWORKS INC (RNWK)

Role
President & COO
Signature
/s/ Michael Parham, Attorney-in-fact
Stock symbol
RNWK
Transactions as of
Aug 17, 2021
Transactions value $
-$52,268
Form type
4
Date filed
8/19/2021, 05:11 PM
Next filing
Dec 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNWK Common Stock Options Exercise $0 +135K $0.00 135K Aug 17, 2021 Direct F1
transaction RNWK Common Stock Tax liability -$52.3K -32.9K -24.35% $1.59 102K Aug 17, 2021 Direct F2

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 Restricted Stock Unit Award $0 +135K $0.00 135K Aug 17, 2021 Common Stock 135K $0.00 Direct F3, F4
transaction RNWK Restricted Stock Unit Options Exercise $0 -135K -100% $0.00* 0 Aug 17, 2021 Common Stock 135K $0.00 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested restricted stock units were distributed to the reporting person, without payment, in shares of common stock on a unit-for-share basis.
F2 Shares deemed surrendered in payment of the tax liability resulting from the vesting of restricted stock units (in accordance with Rule 16b-3(d) and Note (3)).
F3 Each restricted stock unit represents a contingent right to receive one share of RealNetworks common stock.
F4 The restricted stock units were fully vested at the time of grant.
F5 Converts into common stock on a unit-for-share basis upon vesting.