0001493152-23-019401.txt : 20230530
0001493152-23-019401.hdr.sgml : 20230530
20230530090007
ACCESSION NUMBER: 0001493152-23-019401
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230301
FILED AS OF DATE: 20230530
DATE AS OF CHANGE: 20230530
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Meisner Jeffrey Ralph
CENTRAL INDEX KEY: 0001908339
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-40556
FILM NUMBER: 23971642
MAIL ADDRESS:
STREET 1: 401 PALLADIAN BLVD.
CITY: SOUTHLAKE
STATE: TX
ZIP: 76092
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
X0407
4
2023-03-01
0
0001854445
Glimpse Group, Inc.
VRAR
0001908339
Meisner Jeffrey Ralph
15 WEST 38TH ST, 12TH FLOOR
NEW YORK
NY
10018
1
1
0
0
Chief Revenue Officer
0
Common Stock
2023-03-01
4
A
0
81671
7.00
A
165687
D
Common Stock
2023-04-01
4
A
0
4715
3.76
A
170402
D
Common Stock
2023-05-25
4
A
0
62500
4.00
A
232902
D
On March 1, 2023, the Issuer issued Mr. Meisner 81,671 pursuant to his portion of an earnout payment required under the Membership Interest Sale Agreement dated February 2, 2022 ("S5D Acquisition Agreement"), between the Issuer and the sellers of Sector 5 Digital, LLC (S5D), of which Mr. Meisner was a membership interest holder at the time of the transaction. The value of the shares, $7.00, was contractually determined under the S5D Acquisition Agreement.
Reflects common stock acquired by Mr. Meisner and issued by the Company to the Reporting Person, on April 1, 2023 in lieu of cash salary.
The 62,500 shares of common stock were issued in an arms-length transaction pursuant to which the parties agreed to accelerate a potential earnout provision in an Amendment to the Membership Interest Sale Agreement dated May 25, 2023, between the Issuer and the sellers of Sector 5 Digital, LLC (S5D), of which Mr. Meisner was a membership interest holder at the time of the transaction. In connection with the accelerated earnout provision, Mr. Meisner received shares of the Issuer's common stock, instead of receiving a portion of the potential cash earnout payment due to him.
/s/ Jeffrey Ralph Meisner
2023-05-30