David John Smith - 01 Apr 2023 Form 4 Insider Report for Glimpse Group, Inc. (VRAR)

Reporting relationship: Chief Creative Officer, Director
Issuer ticker: VRAR
Reported as of: 01 Apr 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 31 May 2023, 11:00:06 UTC
Prior SEC filing: 17 Feb 2023
Next SEC filing: 05 Mar 2024
Source filing: View source filing
Reporting owner signature: /s/ David John Smith

Key filing fact

David John Smith filed Form 4 for Glimpse Group, Inc. (VRAR) on 31 May 2023.

Key facts

This page summarizes David John Smith's Form 4 filing for Glimpse Group, Inc. (VRAR).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 31 May 2023, 11:00.

Change

Previous filing in this sequence was filed on 17 Feb 2023.
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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

VRAR transaction Derivative

Stock Options (right to buy)

Award

Transaction value: $0
Shares: +4,500
Change %
Price: $0.000000
Shares after: 4,500
Date: 01 Apr 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,500
Exercise price: $7.00
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

On April 1, 2023, the Company, under its 2016 Incentive Plan, agreed to issue Mr. Smith options (the "Options") to purchase 4,500 shares of Common Stock in lieu of cash salary, which are fully vested upon issuance.

Footnote F2

The beneficial ownership set forth above does not include the 59,849 options to purchase common stock already held by Mr. Smith. Furthermore, the ownership reflected herein does not include 250 shares directly held by Mr. Smith or 1,002,298 shares indirectly held by Mr. Smith (through VRTech Consulting LLC - an entity owned and managed by Mr. Smith). In addition, on February 15, 2023, the Company, under its 2016 Incentive Plan, issued to Mr. Smith options to purchase 220,000 shares of Common Stock, subject to the terms and conditions of Mr. Smith's Options Agreement, which includes certain Company performance provisions.