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Glimpse Group, Inc. Director's Dealing 2023

Oct 3, 2023

34791_dirs_2023-10-03_f7bdeefa-b137-4ace-a97e-7145c8c95e0d.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Glimpse Group, Inc. (VRAR)
CIK: 0001854445
Period of Report: 2023-09-29

Reporting Person: Rothblum Maydan (Director, CFO and COO)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-09-29 Stock Option $2.5 D 250000 Disposed 2027-06-20 Common Stock (250000) Direct
2023-09-29 Stock Option $2.5 A 250000 Acquired 2033-09-29 Common Stock (250000) Direct

Footnotes

F1: On September 29, 2023, Mr. Rothblum voluntarily cancelled a previously issued stock option dated June 20, 2017, which cancelled a fully-vested option to purchase 250,000 shares of common stock with an exercise price of $2.50 per share.

F2: The newly granted option to purchase 250,000 shares of common stock at an exercise price of $2.50 is subject to a 75 month vesting schedule of 3,333 shares per month for 74 months (with the first vest occurring on October 29, 2023), and 3,358 vesting on the final month.

F3: The direct beneficial ownership set forth above does not include 3,528 shares indirectly held by Mr. Rothblum (through Mr. Rothblum's mother, Naomi Rothblum) and does not include: (i) 486,450 shares of common stock held by Mr. Rothblum; (ii) 70,180 fully-vested options to purchase common stock held by Mr. Rothblum; and (iii) 770,000 options to purchase common stock into which Mr. Rothblum may vest upon achieving certain performance milestones.