SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 06/29/2021 | 3. Issuer Name and Ticker or Trading Symbol Glimpse Group, Inc. [ VRAR ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 26,875 | D | |
Common Stock | 1,001,945(1) | I | See footnote(1) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options | 09/01/2019 | 09/01/2028 | Common Stock | 32,508 | 4 | D | |
Stock Options | 09/01/2020 | 09/01/2029 | Common Stock | 10,836 | 4 | D | |
Stock Options | 01/01/2021 | 01/01/2030 | Common Stock | 28,896 | 4.5 | D | |
Stock Options | 07/01/2020 | 05/01/2030 | Common Stock | 2,333 | 4.5 | D | |
Stock Options | 08/01/2020 | 07/01/2030 | Common Stock | 1,167 | 4.5 | D | |
Stock Options(2) | 01/01/2021 | 01/01/2031 | Common Stock(2) | 14,448 | 4.5(2) | D(2) |
Explanation of Responses: |
1. 1,001,945 shares of The Glimpse Group Inc.'s (the "Company") common stock, par value $0.001 per share (the "Common Stock") are owned by Darklight Partners LLC (an entity owned and managed by Mr. Bentovim). |
2. On January 1, 2021, the Company issued Mr. Bentovim an option (the "Option") to purchase 28,896 shares of Common Stock, which Option vests equally in monthly increments over a twelve month period, beginning January 1, 2021. As of July 1, 2021, 50% of the Option was cancelled as Mr. Bentovim began receiving an annual cash only salary from the Company. The 14,448 shares of Common Stock underlying the Option reflects only the shares of Common Stock that have vested and does not include the shares of Common Stock cancelled as of July 1, 2021. |
/s/ Lyron L. Bentovim | 07/02/2021 | |
** 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 5 (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. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |