Lyron L. Bentovim - Jun 29, 2021 Form 3 Insider Report for Glimpse Group, Inc. (VRAR)

Signature
/s/ Lyron L. Bentovim
Stock symbol
VRAR
Transactions as of
Jun 29, 2021
Transactions value $
$0
Form type
3
Date filed
7/2/2021, 09:50 PM
Next filing
Oct 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VRAR Common Stock 26.9K Jun 29, 2021 Direct
holding VRAR Common Stock 1M Jun 29, 2021 See footnote F1

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
holding VRAR Stock Options Jun 29, 2021 Common Stock 32.5K $4.00 Direct
holding VRAR Stock Options Jun 29, 2021 Common Stock 10.8K $4.00 Direct
holding VRAR Stock Options Jun 29, 2021 Common Stock 28.9K $4.50 Direct
holding VRAR Stock Options Jun 29, 2021 Common Stock 2.33K $4.50 Direct
holding VRAR Stock Options Jun 29, 2021 Common Stock 1.17K $4.50 Direct
holding VRAR Stock Options Jun 29, 2021 Common Stock 14.4K $4.50 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,001,945 shares of The Glimpse Group Inc.'s (the "Company") common stock, par value $0.001 per share (the "Common Stock") are owned by Darklight Partners LLC (an entity owned and managed by Mr. Bentovim).
F2 On January 1, 2021, the Company issued Mr. Bentovim an option (the "Option") to purchase 28,896 shares of Common Stock, which Option vests equally in monthly increments over a twelve month period, beginning January 1, 2021. As of July 1, 2021, 50% of the Option was cancelled as Mr. Bentovim began receiving an annual cash only salary from the Company. The 14,448 shares of Common Stock underlying the Option reflects only the shares of Common Stock that have vested and does not include the shares of Common Stock cancelled as of July 1, 2021.