0001493152-23-005414.txt : 20230217
0001493152-23-005414.hdr.sgml : 20230217
20230217151738
ACCESSION NUMBER: 0001493152-23-005414
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230215
FILED AS OF DATE: 20230217
DATE AS OF CHANGE: 20230217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Rothblum Maydan
CENTRAL INDEX KEY: 0001526161
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40556
FILM NUMBER: 23642100
MAIL ADDRESS:
STREET 1: 19655 DESCARTES
CITY: FOOTHILL RANCH
STATE: CA
ZIP: 92610
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Glimpse Group, Inc.
CENTRAL INDEX KEY: 0001854445
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371]
IRS NUMBER: 812958271
STATE OF INCORPORATION: NV
FISCAL YEAR END: 0630
BUSINESS ADDRESS:
STREET 1: 15 WEST 38TH ST, 9TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10018
BUSINESS PHONE: 917-292-2685
MAIL ADDRESS:
STREET 1: 15 WEST 38TH ST, 9TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10018
4
1
ownership.xml
X0306
4
2023-02-15
0
0001854445
Glimpse Group, Inc.
VRAR
0001526161
Rothblum Maydan
15 WEST 38TH ST, 12TH FLOOR
NEW YORK
NY
10018
1
1
0
0
CFO and COO
Stock Options (right to buy)
7.00
2023-02-15
4
A
0
770000
0
A
2023-02-15
2033-02-15
Common Stock
770000
770000
D
On February 15, 2023, the Company, under its 2016 Incentive Plan, issued to Mr. Rothblum options (the "Options") to purchase 770,000 shares of Common Stock, subject to the terms and conditions of Mr. Rothblum's Options Agreement, which include certain provisions set for in the Remarks section below.
The beneficial ownership set forth above does not include 481,414 shares directly held by Mr. Rothblum, 3,528 common shares indirectly held by Mr. Rothblum (through Mr. Rothblum's mother, Naomi Rothblum) and does not include 320,180 options to purchase common stock held by Mr. Rothblum.
(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; (iii) all Options to vest over four (4) years commencing on February 15, 2023; (iv) certain Options shall vest in fixed amounts, based on achieving revenue targets of $30,000,000, $50,000,000, $75,000,000 and $100,000,000 over consecutive four quarter periods in the aggregate over the next 7 years; and (v) certain Options shall vest to each grantee in fixed amounts, based on achieving fifteen consecutive closing trading priced equal to or above $20, $30, $45 and $60 per share over the next 7 years.
/s/ Maydan Rothblum
2023-02-17