Tamar Elkeles - 29 Apr 2024 Form 4 Insider Report for Glimpse Group, Inc. (VRAR)

Role
Director
Signature
/s/ Tamar Elkeles
Issuer symbol
VRAR
Transactions as of
29 Apr 2024
Net transactions value
$0
Form type
4
Filing time
04 Jun 2024, 12:58:26 UTC
Previous filing
18 Oct 2021

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 VRAR Stock Option (Right to Purchase) Award $0 +20,000 $0.000000 20,000 29 Apr 2024 Common Stock 20,000 $2.50 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On April 27, 2024, the board of directors (the "Board") of The Glimpse Group, Inc. (the "Company"), appointed Dr. Elkeles to the Board, and in connection therewith, agreed to grant to Dr Elkeles, under the Company's 2016 Incentive Plan, options ("Options") to purchase an aggregate of 20,000 shares of the Company's common stock, as compensation for her service on the Board for the remainder of the calendar year ending December 31, 2024. The Options vest in monthly increments beginning April 29, 2024 through December 31, 2024, and are exercisable for $2.50 per share. The Options are deemed exercisable when, and to the extent, they become vested.