0001209191-20-008716.txt : 20200212 0001209191-20-008716.hdr.sgml : 20200212 20200212161540 ACCESSION NUMBER: 0001209191-20-008716 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200210 FILED AS OF DATE: 20200212 DATE AS OF CHANGE: 20200212 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: GLASER ROBERT CENTRAL INDEX KEY: 0001055110 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37745 FILM NUMBER: 20604287 MAIL ADDRESS: STREET 1: 1111 THIRD AVENUE STREET 2: SUITE 2900 CITY: SEATLE STATE: WA ZIP: 98101 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: REALNETWORKS INC CENTRAL INDEX KEY: 0001046327 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] IRS NUMBER: 911628146 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1501 FIRST AVENUE SOUTH STREET 2: SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98134 BUSINESS PHONE: 2066742700 MAIL ADDRESS: STREET 1: 1501 FIRST AVENUE SOUTH STREET 2: SUITE 600 CITY: SEATTLE STATE: WA ZIP: 98134 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2020-02-10 0 0001046327 REALNETWORKS INC RNWK 0001055110 GLASER ROBERT 1501 1ST AVENUE S. SUITE 600 SEATTLE WA 98134 1 1 1 0 Chairman and CEO Series B Preferred Stock 2020-02-10 4 P 0 8064516 1.24 A 2020-02-10 Common stock 8064516 8064516 D Stock Option - Right to Buy 1.33 2020-02-10 4 A 0 138863 0.00 A 2020-12-31 2027-02-10 Common stock 138863 138863 D Each share of Series B Preferred Stock is convertible into one share of Common Stock anytime at the option of the holder, provided, however, that no conversion is permitted in the event that such conversion would cause Mr. Glaser's beneficial ownership of Common Stock to exceed the 38.5% threshold set forth in the Company's Second Amended and Restated Shareholder Rights Plan dated November 30, 2018. The Series B Preferred Stock has no expiration date. The purchase price per share of the Series B Preferred Stock was equal to the greater of the "Market Value" and the "Minimum Price" (each as defined pursuant to Nasdaq rules). The option will vest and become exercisable in 12 substantially equal monthly installments until the option becomes fully vested and exercisable on December 31 of the calendar year granted, subject to the reporting person's continued service to RealNetworks through such date. /s/ Michael Parham, attorney-in-fact 2020-02-12