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
                                                                                  
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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 *

Mello David Christopher
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)
EVP of Technical Services
(Last)          (First)          (Middle)

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

2/7/2020
(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 2/7/2020  M  49995 A$3.97 75034 D  
Common Stock 2/7/2020  M  24811 A$4.06 99845 D  
Common Stock 2/7/2020  M  187 A$4.06 100032 D  
Common Stock 2/7/2020  S  74993 D$10.0055 25039 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 Security3. Trans. Date3A. Deemed Execution Date, if any4. 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 Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Incentive Stock Option (right to buy) $3.97 2/7/2020  M     49995   (1)9/18/2027 Common Stock 49995 $0 25005 D  
Non-Qualified Stock Option (right to buy) $4.06 2/7/2020  M     24811   (2)10/10/2028 Common Stock 24811 $0 25193 D  
Incentive Stock Option (right to buy) $4.06 2/7/2020  M     187   (2)10/10/2028 Common Stock 187 $0 24809 D  

Explanation of Responses:
(1) The shares underlying the option vest in 1/3 increments over a three year period, commencing on the first anniversary of the grant date, September 18, 2017.
(2) The shares underlying the option vest in 1/3 increments over a three year period, commencing on the first anniversary of the grant date, October 10, 2018.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Mello David Christopher
4500 LOCKHILL SELMA
STE 150
SAN ANTONIO, TX 78249


EVP of Technical Services

Signatures
/s/ David C. Mello2/11/2020
**Signature of Reporting PersonDate

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