Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
GLUU > SEC Filings for GLUU > Form 8-K on 5-Apr-2013All Recent SEC Filings

Show all filings for GLU MOBILE INC | Request a Trial to NEW EDGAR Online Pro



Change in Directors or Principal Officers, Financial Statements and Exhibits

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 1, 2013, Glu entered into a Change of Control Severance Agreement, with Matthew Ricchetti, Glu's President of Studios (the "Severance Agreement"). Under the Severance Agreement, if Mr. Ricchetti's employment with Glu is terminated without cause or as a result of an involuntary termination at any time within 12 months after a change of control of Glu, and Mr. Ricchetti delivers to Glu a signed general release of claims, then he will receive (a) six months of his then-current annual base salary, (b) 50% of his annual bonus for the calendar year in which the event triggering the severance occurred, based on the target potential amount (not the amount actually payable), (c) an additional 36 months of vesting with respect to each of his then-outstanding and not fully vested equity awards and (d) up to six months of continuation coverage for him (and any of his eligible dependents) pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985. In addition, the Severance Agreement requires that any successor corporation to Glu must assume the Severance Agreement.

The description of Severance Agreement is qualified in its entirety by the Severance Agreement itself, a copy of which is filed as Exhibit 99.01 to this report.

Item 9.01 Financial Statements and Exhibits.

99.01 Change of Control Severance Agreement, dated April 1, 2013, between Glu Mobile Inc. and Matthew Ricchetti.

Top of the Form

  Add GLUU to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for GLUU - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now

Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.