Dennis Cline - Oct 1, 2021 Form 4 Insider Report for MARCHEX INC (MCHX)

Role
Director
Signature
Dennis Cline
Stock symbol
MCHX
Transactions as of
Oct 1, 2021
Transactions value $
$150
Form type
4
Date filed
10/4/2021, 04:42 PM
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHX Class B Common Stock Award $150 +15K +11.38% $0.01* 147K Oct 1, 2021 Direct F1
holding MCHX Class B Common Stock 28.5K Oct 1, 2021 By DMC Investments, LLC
holding MCHX Class B Common Stock 10K Oct 1, 2021 By Trust for Colburn Cline F2

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 Non-Qualified Stock Option (right to buy) Award $0 +20K $0.00 20K Oct 1, 2021 Class B Common Stock 20K $3.02 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award effective October 1, 2021 (the "Grant Date") with 50% of such shares vesting on October 1, 2022 and October 1, 2023, respectively, assuming continued service on the Board for such period and with vesting in full of all such restricted shares upon a Change of Control (as defined in such reporting person's restricted stock agreement).
F2 Reporting person disclaims beneficial ownership.
F3 Option grant effective on the Grant Date with 50% of such options vesting on October 1, 2022 and October 1, 2023, 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).