David John Smith - 29 Jun 2021 Form 3 Insider Report for Glimpse Group, Inc. (VRAR)

Role
Chief Creative Officer, Director, 10%+ Owner
Signature
/s/ David John Smith
Issuer symbol
VRAR
Transactions as of
29 Jun 2021
Transactions value $
$0
Form type
3
Filing time
16 Jul 2021, 17:47:54 UTC
Next filing
04 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding VRAR Common Stock 1,002,298 29 Jun 2021 See Footnote F1

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
holding VRAR Stock Options 29 Jun 2021 Common Stock 20,004 $4 See Footnote F2
holding VRAR Stock Options 29 Jun 2021 Common Stock 6,668 $4 See Footnote F2
holding VRAR Stock Options 29 Jun 2021 Common Stock 14,232 $4.5 See Footnote F2
holding VRAR Stock Options 29 Jun 2021 Common Stock 1,333 $4.5 See Footnote F2
holding VRAR Stock Options 29 Jun 2021 Common Stock 667 $4.5 See Footnote F2
holding VRAR Stock Options 29 Jun 2021 Common Stock 889 $4.5 See Footnote F2
holding VRAR Stock Options 29 Jun 2021 Common Stock 11,556 $4.5 See Footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1,002,298 shares of The Glimpse Group, Inc.'s (the "Company") common stock, par value 0.001 per share (the "Common Stock") are owned by VRTech Consulting LLC (an entity owned and managed by Mr. Smith).
F2 Represents fully vested options to purchase Common Stock. The options are owned by VRTech Consulting LLC (an entity owned and managed by Mr. Smith).
F3 On January 1, 2021, the Company issued Mr. Smith an option (the "Option") to purchase 23,112 shares of Common Stock, which option vests equally in monthly increments over a twelve month period, beginning January 1, 2021. As of July 1, 2021, 50% of the option was cancelled as Mr. Smith began receiving an annual cash only salary from the Company. The 11,556 shares of Common Stock underlying the Option reflects only the shares of Common Stock that have vested and does not include the shares of Common Stock cancelled as of July 1, 2021.