Key facts
- This page summarizes Robert Bertz's Form 4 filing for MARIN SOFTWARE INC (MRIN).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 09 May 2023, 17:44.
Robert Bertz - 07 May 2023 Form 4 Insider Report for MARIN SOFTWARE INC (MRIN)
- Reporting relationship
- CFO
- Issuer ticker
- MRIN
- Reported as of
- 07 May 2023
- Net transaction value
- -$1,387
- SEC form
- 4
- Accepted by SEC
- 09 May 2023, 17:44:45 UTC
- Prior SEC filing
- 13 Feb 2023
- Next SEC filing
- 15 Jun 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Robert Bertz
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert Bertz filed Form 4 for MARIN SOFTWARE INC (MRIN) on 09 May 2023.
Change
- Previous filing in this sequence was filed on 13 Feb 2023.
- Current net transaction value: -$1,387.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
MRIN
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +5,000
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 38,928
- Date
- 07 May 2023
- Ownership
- Direct
MRIN
transaction
Common Stock
Tax liability
- Transaction value
- $1,387
- Shares
- -2,039
- Change %
- -5.2%
- Price
- $0.6800
- Shares after
- 36,889
- Date
- 07 May 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
MRIN
transaction
Derivative
Restricted Stock Units (RSU)
Options Exercise
- Transaction value
- $0
- Shares
- -5,000
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 07 May 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 5,000
- Exercise price
- Footnotes
- F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 4 footnotes
Footnote F1
Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. The shares reported as disposed of were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units ("RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
Footnote F2
Each RSU represents a contingent right to receive one (1) share of the Issuer's common stock upon settlement.
Footnote F3
25% of the RSUs vest annually on each of May 7, 2020, May 7, 2021, May 7, 2022 and May 7, 2023, provided the Reporting Person serves continuously on the Issuer's Board of Directors on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon settlement.
Footnote F4
RSUs do not expire; they either vest or are canceled prior to the vesting date.