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Form 4 GLU MOBILE INC For: Jun 01 Filed by: Ludwig Eric R

September 7, 2018 5:42 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Ludwig Eric R
(Last) (First) (Middle)
C/O GLU MOBILE INC.
875 HOWARD STREET, SUITE 100
(Street)
SAN FRANCISCO CA 94103
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GLU MOBILE INC [ GLUU ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, COO and CFO
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/07/2018 M 142,500 A $ 3.29 222,696 (1) D
Common Stock 09/07/2018 G (2) (3) 142,500 D $ 0 80,196 D
Common Stock 09/07/2018 G (2) (3) 142,500 A $ 0 419,462 I Trust (4)
Common Stock 09/07/2018 S (2) 142,500 D $ 7.3224 (5) 276,962 I Trust (4)
Common Stock 08/22/2018 G (3) 23,196 D $ 0 57,000 D
Common Stock 08/22/2018 G (3) 23,196 A $ 0 300,153 I Trust (4)
Common Stock 06/01/2018 G (6) 4,440 D $ 0 295,713 I Trust (4)
Common Stock 06/01/2018 G (7) 4,440 D $ 0 291,273 I Trust (4)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 3.29 09/07/2018 M 142,500 (8) 10/09/2018 Common Stock 142,500 $ 0 0 D
Explanation of Responses:
1. Includes 6,648 shares acquired pursuant to Glu Mobile Inc.'s 2007 Employee Stock Purchase Plan on August 21, 2018, which purchase was exempt from reporting Rule 16b-3(c) promulgated under the Securities Exchange Act of 1934, as amended.
2. The transactions were effected pursuant to a trading plan covering the exercised stock options which were about to expire on October 9, 2018, designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934 (as amended) dated May 31, 2018, as amended on August 2, 2018.
3. Represents a transfer of shares to the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
4. These shares are held by the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
5. Represents a weighted average price, as this transaction was executed in multiple trades at prices ranging from $7.07 to $7.44. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
6. Represents a transfer of shares to Mary B. Ludwig from the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
7. Represents a transfer of shares to Megan E. Ludwig from the Ludwig McKillop Trust, of which the reporting person and his wife, Mary Elizabeth McKillop, are the co-trustees.
8. The option vested over a 48-month period, with 25% of the shares becoming exercisable on October 9, 2013, the one year anniversary of the vesting commencement date, and the remaining shares vesting and becoming exercisable in 36 equal monthly installments thereafter, such that the option was fully vested on October 9, 2016.
/s/ Eric R. Ludwig 09/07/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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