Oblong, Inc. — Director's Dealing 2019

Nov 14, 2019

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GLOWPOINT, INC. (GLOW)
CIK: 0000746210
Period of Report: 2019-10-01

Reporting Person: Underkoffler John (Chief Technology Officer)

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
6.0% Series D Convertible Preferred Stock	$		common stock (1024030.0)		Direct

Footnotes

F1: These shares of 6.0% Series D Convertible Preferred Stock (the "Preferred Stock") were issued to the reporting person in connection with the Agreement and Plan of Merger, dated September 12, 2019, by and among the Issuer, Oblong Industries, Inc. and Glowpoint Merger Sub II, Inc., a wholly-owned subsidiary of the Issuer, pursuant to which the Issuer acquired Oblong. The Preferred Stock was issued at an Accrued Value of $28.50 per share with a Conversion Price of $2.85 per share. As a result, each share of Preferred Stock is convertible into ten (10) shares of the Issuer's common stock, subject to and contingent upon the approval of the Issuer's stockholders and the NYSE American. The Preferred Stock has no expiration date.