THOMAS A. SATTERFIELD JR - 23 May 2022 Form 4 Insider Report for REALNETWORKS INC (RNWK)

Role
10%+ Owner
Signature
/s/ Thomas A. Satterfield, Jr.
Issuer symbol
RNWK
Transactions as of
23 May 2022
Net transactions value
+$247,345
Form type
4
Filing time
25 May 2022, 19:20:21 UTC
Previous filing
16 May 2022
Next filing
27 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RNWK Common Stock Purchase $87,000 +150,000 +33% $0.5800 600,000 23 May 2022 By Tomsat Investment & Trading Co., Inc. F1
transaction RNWK Common Stock Purchase $81,163 +139,936 +8% $0.5800 1,889,936 23 May 2022 By A.G. Family L.P. F2, F3
transaction RNWK Common Stock Purchase $64,938 +110,064 +5.8% $0.5900 2,000,000 24 May 2022 By A.G. Family L.P. F3
transaction RNWK Common Stock Purchase $14,245 +23,741 +1.1% $0.6000 2,143,741 24 May 2022 By Caldwell Mill Opportunity Fund
holding RNWK Common Stock 575,000 23 May 2022 Direct F4
holding RNWK Common Stock 75,000 23 May 2022 By spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.576 to $0.577. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $0.58 to $0.587. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F3 The reporting person controls the general partner of the partnership that owns the reported securities.
F4 Includes 100,000 shares held jointly with the reporting person's spouse.

Remarks:

Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any equity securities included herein in excess of the reporting person's pecuniary interest in such equity securities.