Michael Parham - Aug 20, 2021 Form 4 Insider Report for REALNETWORKS INC (RNWK)

Role
SVP General Counsel
Signature
Michael Parham
Stock symbol
RNWK
Transactions as of
Aug 20, 2021
Transactions value $
$0
Form type
4
Date filed
8/24/2021, 06:48 PM
Next filing
Aug 24, 2022

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 +250K $0.00 250K Aug 20, 2021 Common Stock 250K $1.61 Direct F1
transaction RNWK Restricted Stock Unit Award Award $0 +50K $0.00 50K Aug 20, 2021 Common Stock 50K $0.00 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.