Troy Hartless - 26 Jul 2024 Form 4 Insider Report for MARCHEX INC (MCHX)

Role
Chief Revenue Officer
Signature
/s/ Troy Hartless
Issuer symbol
MCHX
Transactions as of
26 Jul 2024
Net transactions value
$0
Form type
4
Filing time
29 Jul 2024, 16:30:03 UTC
Previous filing
02 Oct 2023
Next filing
21 Mar 2025
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCHX Employee Stock Option (right to buy) Award $0 +200,000 $0.000000 200,000 26 Jul 2024 Class B Common Stock 200,000 $1.58 Direct F1
transaction MCHX Employee Stock Option (right to buy) Award $0 +100,000 $0.000000 100,000 26 Jul 2024 Class B Common Stock 100,000 $1.58 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option award effective July 26, 2024 (the "Grant Date"), with vesting over four years, 25% of the total option shares vesting on the first anniversary of the Grant Date and the remainder vesting quarterly thereafter over the next three (3) year period in equal increments of 6.25% of the aggregate amount of such shares, subject to acceleration of vesting in certain events.
F2 Stock option award effective July 26, 2024 (the "Grant Date"), with vesting in full on the fourth anniversary of the Grant Date, subject to acceleration of vesting in certain events.