Key facts
- This page summarizes Robert Glaser's Form 4 filing for REALNETWORKS INC.
- 2 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 23 Dec 2022, 19:20.
Robert Glaser - 21 Dec 2022 Form 4 Insider Report for REALNETWORKS INC
- Reporting relationship
- Chairman and CEO, Director, 10%+ Owner
- Issuer ticker
- N/A
- Reported as of
- 21 Dec 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 23 Dec 2022, 19:20:13 UTC
- Prior SEC filing
- 29 Apr 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael Parham, attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Robert Glaser filed Form 4 for REALNETWORKS INC on 23 Dec 2022.
Change
- Previous filing in this sequence was filed on 29 Apr 2022.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RNWK
transaction
Common Stock
Other
- Transaction value
- $0
- Shares
- -12,903,088
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 21 Dec 2022
- Ownership
- Direct
- Footnotes
- F1, F2
RNWK
transaction
Preferred Stock
Other
- Transaction value
- $0
- Shares
- -8,064,516
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 21 Dec 2022
- Ownership
- Direct
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Robert Glaser is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
On July 27, 2022, the Issuer entered into an Agreement and Plan of Merger (the "Merger Agreement") with Greater Heights LLC, a Washington limited liability company ("Parent"), Greater Heights Acquisition LLC, a Washington limited liability company and wholly owned subsidiary or Parent ("Merger Sub") and, exclusively for purposes specified in the Merger Agreement, Robert Glaser, an individual resident of Washington ("Parent Guarantor"). Pursuant to the Merger Agreement, on December 21, 2022, Merger Sub merged with and into the Company, and the Merger Sub continued as the surviving corporation and as a wholly owned subsidiary of Parent (the "Merger"), under the name "RealNetworks LLC".
Footnote F2
In connection with the Merger, these shares were cancelled and retired and ceased to exist and no consideration was exchanged therefor.
SEC remarks
The foregoing descriptions in notes (1) and (2) are qualified in their entirety by reference to the terms of the Merger Agreement.