Oblong, Inc. — Director's Dealing 2013

Jan 17, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GLOWPOINT, INC. (GLOW)
CIK: 0000746210
Period of Report: 2013-01-13

Reporting Person: Holst Peter (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-01-13	Common Stock	A	100000	—	Acquired	791305	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-01-13	Stock Option (right to buy)	$1.98	A	875000	Acquired	2013-01-13	Common Stock (875000)	Direct

Footnotes

F1: These shares of restricted stock were granted in connection with the reporting person's appointment as President and Chief Executive Officer of the issuer and without payment of consideration pursuant to the issuer's 2007 Stock Incentive Plan. These shares will vest as 25% on the first anniversary of the grant date, with the remainder vesting in equal monthly installments for 36 months on the monthly anniversary of the grant date. Vesting will accelerate in the event of the issuer's Change of Control or Corporate Transaction (each as defined in the issuer's 2007 Stock Incentive Plan).

F2: These options were granted in connection with the reporting person's appointment as President and Chief Executive Officer of the issuer and without payment of consideration pursuant to the issuer's 2007 Stock Incentive Plan. These options will vest as to 25% on the first anniversary of the grant date, with the remainder vesting in equal monthly installments for 36 months on the monthly anniversary of the grant date. Vesting will accelerate in event of the issuer's Change of Control or Corporate Transaction (each as defined in the issuer's 2007 Stock Incentive Plan).