Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-21-068120
Date:2021-12-02
Issuer: REALNETWORKS INC (RNWK)
Original Submission Date:

Reporting Person:

JAFFE BRUCE A.
1501 FIRST AVENUE SOUTH
SUITE 600 SEATTLE, WA 98134

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-12-03 M 28,481 a $0.00 159,935 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
STOCK OPTION (RIGHT TO BUY) 1.12 2021-12-02 deemed execution date A 15,000 (a) 2028-12-02 common stock 15,000 $1.12 15,000 direct
RESTRICTED STOCK UNIT AWARD 0.0 2021-12-02 deemed execution date A 44,642 (a) 2028-12-02 common stock 44,642 $0.00 44,642 direct
RESTRICTED STOCK UNITS 0.0 2021-12-03 deemed execution date M 28,481 (d) 2021-12-03 common stock 28,481 $0.00 0 direct
Footnotes
IDfootnote
f1 the recipient has made an irrevocable election to defer the share distribution date to a date that is five years following the grant date or concurrent with the director's separation from the board.
f2 vested restricted stock units were distributed to the reporting person, without payment, in shares of common stock on a unit-for-share basis.
f3 the option will vest in 12 substantially equal monthly installments until fully vested on the first anniversary of the grant date, provided that the reporting person continues to serve as a director through such date. the share distribution date applicable to the stock option is the sooner to occur of (1) the first anniversary of the date of grant or (2) the date of separation from the board.
f4 converts into common stock on a unit-for-share basis on the share distribution date.
f5 the restricted stock units vest in 12 substantially equal monthly installments until fully vested on the first anniversary of the grant date, provided that the reporting person continues to serve as a director through such date. the share distribution date applicable to the restricted stock units is the sooner to occur of (1) the first anniversary of the date of grant or (2) the date of separation from the board.

Elevate your investments