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Oblong, Inc. — Director's Dealing 2015
Jan 29, 2015
35367_dirs_2015-01-29_3fb3f194-3470-4956-9dbc-d9260e448eb4.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GLOWPOINT, INC. (GLOW)
CIK: 0000746210
Period of Report: 2015-01-27
Reporting Person: Archer Kenneth (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-27 | common stock | A | 56389 | $1.05 | Acquired | 94205 | Direct |
| 2015-01-27 | common stock | D | 19047 | $1.05 | Disposed | 75158 | Direct |
Footnotes
F1: Represents a grant of time-based restricted stock units under the issuer's 2014 Equity Incentive Plan. Each time-based restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. The units are scheduled to vest January 1, 2016, subject to the terms and conditions set forth in the award agreement. The closing price of the issuer's common stock on the date of grant was $1.05.
F2: The issuer purchased from the reporting person 19,047 shares of restricted stock granted to the reporting person on May 28, 2014 under the issuer's 2007 Stock Incentive Plan to satisfy the reporting person's tax obligations relating to such grant.