FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Hoffer Gregory T
2. Issuer Name and Ticker or Trading Symbol

GLOBALSCAPE INC [ GSB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Vice President of Engineering
(Last)          (First)          (Middle)

4500 LOCKHILL SELMA, STE 150
3. Date of Earliest Transaction (MM/DD/YYYY)

5/12/2017
(Street)

SAN ANTONIO, TX 78249
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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   5/12/2017     M    50000   (2) A $2.35   50100   D    
Common Stock   5/12/2017     S    50000   (3) D $4.14   100   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
Non-Qualified Stock Option   (2) $2.35   5/12/2017     M         50000    5/12/2017   1/2/2024   Common Stock   50000   $0.00   0   D    
Incentive Stock Option   $3.52                      (1) 2/1/2026   Common Stock   100000     100000   D    
Incentive Stock Option   $3.73                      (1) 2/8/2027   Common Stock   11900     111900   D    
Non-Qualified Stock Option   $3.73                      (1) 2/8/2027   Common Stock   23100     135000   D    

Explanation of Responses:
(1)  1/3 of the total shares under this option vest and are available for purchase on each annual anniversary date of the grant date of the option.
(2)  Exercise of option to purchase common stock. Includes shares which were sold to pay the exercise price, to cover withholding taxes and to pay broker fees and commissions pursuant to a broker-assisted cashless exercise.
(3)  Price reflected is a weighted-average sales price for shares sold. The shares were sold in multiple transactions and the range of sales prices for the transactions reported was $4.07 to $4.22. The reporting person undertakes to provide the issuer, any security holder of the issuer or any staff member of the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each separate price.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Hoffer Gregory T
4500 LOCKHILL SELMA
STE 150
SAN ANTONIO, TX 78249


Vice President of Engineering

Signatures
/s/ Gregory T. Hoffer 5/15/2017
** 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.
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 control number.
Globalscape (AMEX:GSB)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024 Plus de graphiques de la Bourse Globalscape
Globalscape (AMEX:GSB)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024 Plus de graphiques de la Bourse Globalscape