Oblong, Inc. — Director's Dealing 2010

Apr 21, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOWPOINT INC (GLOW)
CIK: 0000746210
Period of Report: 2010-03-29

Reporting Person: Vicis Capital, LLC (10% Owner)
Reporting Person: Vicis Capital Master Fund (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-03-29	Common Stock, par value $0.0001	J	15452000	—	Acquired	30343833	Indirect
2010-03-29	Series B Preferred Stock	J	80	—	Acquired	80	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-03-29	Series A-2 Convertible Preferred Stock	$0.75	J	2878.5336	Disposed		Common Stock (10667071)	Indirect

Footnotes

F1: Represents the indirect holdings of Vicis Capital LLC. All of the foregoing represents securities held directly by Vicis
Capital Master Fund. Vicis Capital LLC acts as investment advisor to Vicis Capital Master Fund and therefore has voting and
dispositive power over all the foregoing shares. For the purposes of Rule 13d-3 under the Securities Exchange Act of 1934,
as amended, Vicis Capital LLC may be deemed to be the beneficial owner of, but hereby disclaims such beneficial ownership
of, the foregoing shares.

F2: Immediately.

F3: None.

F4: On March 29, 2010, Vicis Capital Master Fund entered into a transaction with the Issuer whereby Vicis Capital Master Fund
received from the Issuer: (i) 15,452,000 shares of the Issuer's Common Stock and (ii) 80 shares of the Issuer's Series B
Preferred Stock; and the Issuer received from Vicis Capital Master Fund: (x) $3,000,000 and (y) the surrender by Vicis
Capital Master Fund of 2,878.5336 shares of Series A-2 Convertible Preferred Stock.