Diena Lee Mann - Nov 8, 2021 Form 4 Insider Report for MARIN SOFTWARE INC (MRIN)

Role
Director
Signature
/s/ Diena Mann by Robert Bertz, Attorney-in-Fact
Stock symbol
MRIN
Transactions as of
Nov 8, 2021
Transactions value $
$0
Form type
4
Date filed
11/10/2021, 02:44 PM
Previous filing
Oct 29, 2021
Next filing
Jun 10, 2022

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 MRIN Restricted Stock Units Award $0 +20.4K $0.00 20.4K Nov 8, 2021 Common Stock 20.4K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement.
F2 The RSUs shall vest over 36 months with 1/3rd of the total number of shares vesting on the date of the Issuer's annual meeting of stockholders held in each of 2022, 2023, and 2024, provided that the Reporting Person continues to serve on the Issuer's Board of Directors on each vesting date and provided further that, in the event of certain corporate transactions, all of the shares subject to the RSUs shall immediately vest in full as of the effectiveness of such transaction. The RSUs have no expiration date.