Donald P. Hutchison - Feb 9, 2023 Form 4 Insider Report for MARIN SOFTWARE INC (MRIN)

Role: Director
Signature: /s/ Donald P. Hutchison by Robert Bertz, Attorney-in-Fact
Stock symbol: MRIN
Transactions as of: Feb 9, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/13/2023, 04:12 PM
Previous filing: Jun 16, 2022
Next filing: May 26, 2023

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	+54K		$0.00	54K	Feb 9, 2023	Common Stock	54K	$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 as to 100% of the total number of shares on the date of the Issuer's annual meeting of stockholders held in 2024, provided that the Reporting Person continues to serve on the Issuer's Board of Directors on such 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 (1) share of the Issuer's Common Stock upon settlement.

The RSUs shall vest as to 100% of the total number of shares on the date of the Issuer's annual meeting of stockholders held in 2024, provided that the Reporting Person continues to serve on the Issuer's Board of Directors on such 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.