Edenbrook Capital, LLC - Nov 22, 2021 Form 4 Insider Report for MARCHEX INC (MCHX)

Role
10%+ Owner
Signature
Edenbrook Capital, LLC; By: /s/ Jonathan Brolin, Managing Member
Stock symbol
MCHX
Transactions as of
Nov 22, 2021
Transactions value $
$1,996,785
Form type
4
Date filed
11/23/2021, 03:13 PM
Previous filing
Nov 22, 2021
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHX Class B Common stock Purchase $2M +799K +6.44% $2.50 13.2M Nov 22, 2021 See footnotes F1, F3
holding MCHX Class B common stock 1.32M Nov 22, 2021 See footnotes F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are held in the account of Edenbrook Long Only Value Fund, LP, a private fund managed by Edenbrook Capital, LLC and may be deemed to be beneficially owned by Edenbrook Capital, LLC by virtue of its role as the investment manger of such private fund. In addition, Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC.
F2 These securities are held in the account of a private fund managed by Edenbrook Capital, LLC and may be deemed to be beneficially owned by Edenbrook Capital, LLC by virtue of its role as the investment manager of such private fund. In addition, Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC.
F3 Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.