Summary of GLOBALSCAPE INC

Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

(c) On October 6, 2008, GlobalSCAPE, Inc. (the "Company") announced that Craig A. Robinson had been elected as Chief Operating Officer of the Company, effective immediately.

During a career of more than 20 years, Mr. Robinson, age 44, has held executive positions for leading companies including Symantec where he sequentially served in several leadership roles, including VP, Managed Security Services; VP, Solution Delivery; and VP, Worldwide Product Marketing from 2001 to 2004. In addition, he has held senior leadership positions at AXENT Technologies (VP, Operations for consulting subsidiary SNCi) from 1998 to 1999, META Security Group (COO and CTO) from 1999 to 2001, Trident Data Systems (Commercial President and CIO) from 1994 to 1998, and most recently, Synteras (General Manager) since March 2007. Mr. Robinson holds undergraduate and graduate degrees in engineering, both from Stanford University.

(e) The Board of Directors has also voted to grant options to purchase 300,000 shares of the Company's common stock to Mr. Robinson at an exercise price equal to the closing price of the Company's common stock on the AMEX on the date of grant, which will be October 6, 2008, pursuant to the Company's 2000 Employee Long-Term Equity Incentive Plan. The options vest 33% on each of the first and second anniversary of the date of grant and 34% on the third anniversary of the date of grant. Notwithstanding the foregoing, the options become fully vested and exercisable upon certain change in control events. The options expire on the day before the 10th anniversary of the date of grant. Mr. Robinson may exercise the options by giving written notice to the Company and paying the purchase price prescribed for the shares to be acquired pursuant to the exercise. Payment of the purchase price for any shares purchased pursuant to the options must be made in accordance with the provisions of the 2000 Employee Long-Term Equity Incentive Plan. The options may not be transferred except (i) by will or the laws of descent and distribution or
(ii) pursuant to the terms of a qualified domestic relations order, and, during Mr. Robinson's lifetime, may be exercised only by Mr. Robinson or his legally authorized representative.

The Board also set Mr. Robinson's annual salary at $180,000.00 annually and established a bonus plan for Mr. Robinson under which Mr. Robinson is eligible for an annual bonus of up to 50% of his base salary which is tied to specific objectives defined by the Company. Mr. Robinson will also receive a one-time cash bonus of $30,000 on October 6, 2008.