Lyron L. Bentovim - Apr 1, 2023 Form 4 Insider Report for Glimpse Group, Inc. (VRAR)

Role
President and CEO, Director
Signature
/s/ Lyron L. Bentovim
Stock symbol
VRAR
Transactions as of
Apr 1, 2023
Transactions value $
$26,692
Form type
4
Date filed
5/31/2023, 09:00 AM
Previous filing
Feb 17, 2023
Next filing
Aug 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VRAR Common Stock Award $26.7K +7.1K +19.06% $3.76 44.3K Apr 1, 2023 Direct F1, F2, F3
holding VRAR Common Stock 1M Apr 1, 2023 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects common stock acquired by Mr. Bentovim and issued by the Company on April 1, 2023 in lieu of cash salary.
F2 Represents the closing price for the Company's shares recorded on April 1, 2023.
F3 The direct beneficial ownership set forth above does not include 90,188 options to purchase common stock held by Mr. Bentovim. In addition, on February 15, 2023, the Company, under its 2016 Incentive Plan, issued to Mr. Bentovim options to purchase 1,210,000 shares of Common Stock, subject to the terms and conditions of Mr. Bentovim's Options Agreement, which include certain Company performance provisions.
F4 The beneficial ownership set forth above includes 1,001,945 shares indirectly held by Mr. Bentovim (through Darklight Partners LLC - an entity owned and managed by Mr. Bentovim), which indirect beneficial ownership was unaffected by the transaction reported above.