Michael A. Arends - Jan 2, 2025 Form 4 Insider Report for MARCHEX INC (MCHX)

Signature
/s/ Michael A. Arends
Stock symbol
MCHX
Transactions as of
Jan 2, 2025
Transactions value $
$0
Form type
4
Date filed
1/2/2025, 04:15 PM
Previous filing
Nov 7, 2024

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 +75K $0.00 75K Jan 2, 2025 Class B Common Stock 75K $1.86 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option grant effective on the Grant Date with 50% of such options vesting on January 2, 2026 and January 2, 2027, respectively, assuming continued service on the Board for such period and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).