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