Michael Ensing - 17 Aug 2021 Form 4 Insider Report for REALNETWORKS INC (RNWK)

Role
President & COO
Signature
/s/ Michael Parham, Attorney-in-fact
Issuer symbol
RNWK
Transactions as of
17 Aug 2021
Transactions value $
-$52,268
Form type
4
Filing time
19 Aug 2021, 17:11:25 UTC
Next filing
23 Dec 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 Options Exercise $0 +135,005 $0 135,005 17 Aug 2021 Direct F1
transaction RNWK Common Stock Tax liability -$52,268 -32,873 -24% $1.59 102,132 17 Aug 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RNWK Restricted Stock Unit Award $0 +135,005 $0 135,005 17 Aug 2021 Common Stock 135,005 $0 Direct F3, F4
transaction RNWK Restricted Stock Unit Options Exercise $0 -135,005 -100% $0* 0 17 Aug 2021 Common Stock 135,005 $0 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested restricted stock units were distributed to the reporting person, without payment, in shares of common stock on a unit-for-share basis.
F2 Shares deemed surrendered in payment of the tax liability resulting from the vesting of restricted stock units (in accordance with Rule 16b-3(d) and Note (3)).
F3 Each restricted stock unit represents a contingent right to receive one share of RealNetworks common stock.
F4 The restricted stock units were fully vested at the time of grant.
F5 Converts into common stock on a unit-for-share basis upon vesting.