Diena Lee Mann - Jun 8, 2022 Form 4 Insider Report for MARIN SOFTWARE INC (MRIN)

Role: Director
Signature: /s/ Diena Lee Mann by Robert Bertz, Attorney-in-Fact
Stock symbol: MRIN
Transactions as of: Jun 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/10/2022, 07:23 PM
Previous filing: Nov 10, 2021
Next filing: Jun 16, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRIN	Common Stock	Options Exercise	$0	+6.79K		$0.00	6.79K	Jun 8, 2022	Direct

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 Unit	Options Exercise	$0	-6.79K	-33.33%	$0.00	13.6K	Jun 8, 2022	Common Stock	6.79K		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 share of the Issuer's common stock.
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.

Content

Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.

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.