Unwired Planet Reports Inducement Grant to New CEO

Unwired Planet, Inc.

announced that effective June 1, 2015, the Board of Directors of Unwired Planet, Inc. (the "Company) approved the grant of stock options to the Company's new CEO and President, Mr. Boris Teksler. The award consists of options to purchase an aggregate of 5,049,602 shares of common stock and were granted as an inducement material to Mr. Teksler's entering into employment with the Company, pursuant to Nasdaq Listing Rule 5635(c)(4). Each option has an exercise price per share of $0.6797, the closing price of the Company's common stock on June 1, 2015, and will expire ten years from the grant date. One third of the options will vest after one year, with the remaining options vesting in equal quarterly installments over the following two years, subject to Mr. Teksler's continued employment with the Company. In addition, each stock option granted to Mr. Teksler will be subject to accelerated vesting in connection with a change in control of the Company and certain qualifying terminations of service.