Ownership Submission
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Uomoto Scott Gordon
2. Date of Event Requiring Statement (Month/Day/Year)
05/09/2012
3. Issuer Name and Ticker or Trading Symbol
REALNETWORKS INC [RNWK]
(Last)
(First)
(Middle)
2601 ELLIOTT AVENUE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP, Consumer & Helix Sales
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

SEATTLE, WA 98121
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
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)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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 of Derivative Security: 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
Employee Stock Option (Right to Buy) 12/17/2009(1) 12/17/2016 Common Stock 1,055 $ 10.52 D  
Employee Stock Option (Right to Buy) 12/17/2009(1) 12/17/2016 Common Stock 2,600 $ 10.52 D  
Employee Stock Option (Right to Buy) 12/17/2009(1) 12/17/2016 Common Stock 1,141 $ 10.52 D  
Employee Stock Option (Right to Buy) 12/17/2009(1) 12/17/2016 Common Stock 1,308 $ 10.52 D  
Employee Stock Option (Right to Buy) 12/17/2009(1) 12/17/2016 Common Stock 3,750 $ 10.52 D  
Employee Stock Option (Right to Buy) 12/17/2009(1) 12/17/2016 Common Stock 2,083 $ 10.52 D  
Employee Stock Option (Right to Buy) 12/17/2009(1) 12/17/2016 Common Stock 666 $ 10.52 D  
Employee Stock Option (Right to Buy) 12/17/2009(2) 12/17/2016 Common Stock 3,300 $ 10.52 D  
Employee Stock Option (Right to Buy) 12/17/2009(1) 12/17/2016 Common Stock 1,500 $ 11.04 D  
Employee Stock Option (Right to Buy) 07/01/2011(3) 02/01/2018 Common Stock 37,500 $ 11.36 D  
Employee Stock Option (Right to Buy) 07/25/2010(4) 01/25/2017 Common Stock 27,500 $ 14.4 D  
Employee Stock Option (Right to Buy) 10/27/2011(5) 04/27/2018 Common Stock 50,000 $ 10.36 D  
Restricted Stock Unit Award 08/12/2012(6) 08/12/2015 Common Stock 527 $ 0 (7) D  
Restricted Stock Unit Award 04/27/2013(8) 04/27/2019 Common Stock 30,000 $ 0 (7) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Uomoto Scott Gordon
2601 ELLIOTT AVENUE
SEATTLE, WA 98121
      SVP, Consumer & Helix Sales  

Signatures

/s/ Scott Uomoto 05/11/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The options are fully vested.
(2) 2,888 options are currently vested, and 412 options will become vested on August 12, 2012, subject to the continued employment of the reporting person through such date.
(3) 12.5% of the options vested on July 1, 2011, and an additional 12.5% of the options will vest upon the completion of each successive six months of employment until the options become fully vested on January 1, 2015, subject to the continued employment of the reporting person through such dates.
(4) 12.5% of the options vested on July 25, 2010, and an additional 12.5% of the options will become vested upon the completion of each successive six months of employment until the options become fully vested on January 25, 2014, subject to the continued employment of the reporting person through such dates.
(5) 12.5% options vested on October 27, 2011, and an additional 12.5% options will vest upon the completion of each successive six months of employment until the options become fully vested on April 27, 2015, subject to the continued employment of the reporting person through such dates.
(6) The restricted stock units will become fully vested on August 12, 2012, subject to the continued employment of the reporting person through such date.
(7) Converts into Common Stock on a unit-for-share basis upon vesting.
(8) 15,000 restricted stock units will vest on April 27, 2013, and an additional 7,500 restricted stock units will vest on each of October 27, 2013 and April 27, 2014, subject to the continued employment of the reporting person through such dates.

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