Select the
rounded rectangle tool. Adjust settings at the top as shown below.

Create
a rounded rectangle with these settings.

Double click the layer to open layer style window.
Apply settings as shown.
Create another rounded rectangle using rounded rectangle
shape tool. Reduce fill amount to 0%.

Double click the layer to open layer style window.
Apply settings as shown.
Create a small rounded rectangle using rounded rectangle shape
tool.

Double click the layer to open layer style window.
Apply settings as shown.

As
we created glassy look on button similarly create a glassy look
on this small rounded rectangle.

Create
three circles using elliptical shape tool. Apply similar layer
style.
Type link name using a modern font.
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