Jeffrey Ralph Meisner - 01 Jun 2023 Form 4 Insider Report for Glimpse Group, Inc. (VRAR)

Reporting relationship: Chief Revenue Officer, Director
Issuer ticker: VRAR
Reported as of: 01 Jun 2023
Net transaction value: $0
SEC form: 4
Accepted by SEC: 06 Jun 2023, 08:45:31 UTC
Prior SEC filing: 30 May 2023
Source filing: View source filing
Reporting owner signature: /s/ Jeffrey Ralph Meisner

Key filing fact

Jeffrey Ralph Meisner filed Form 4 for Glimpse Group, Inc. (VRAR) on 06 Jun 2023.

Key facts

This page summarizes Jeffrey Ralph Meisner's Form 4 filing for Glimpse Group, Inc. (VRAR).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 06 Jun 2023, 08:45.

Change

Previous filing in this sequence was filed on 30 May 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: +120,000
Change %
Price: $0.000000
Shares after: 120,000
Date: 01 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 120,000
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 June 1, 2023, the Company, under its 2016 Incentive Plan, issued to Mr. Meisner options (the "Options") to purchase 120,000 shares of Common Stock, subject to the terms and conditions of Mr. Meisner's Options Agreement, which include certain provisions set for in the Remarks section below.

Footnote F2

The beneficial ownership set forth above does not include (i) 232,902 shares directly held by Mr. Meisner.

SEC remarks

(i) an exercise price equal to $7.00 per share of Common Stock; (ii) expiration of the Options on the tenth (10) anniversary of the grant date; and (iii) subject to Mr. Meisner's continued service as Chief Revenue Officer of the Company, the Options shall vest in time-based increments and upon the Company reaching certain revenue targets as set forth in Mr. Meisner's option agreement.