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: 17 Jun 2024, 19:04.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Tax liability
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Additional SEC filing notes
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
50% of the RSUs vest on each of June 13, 2023 and June 13, 2024, subject to the continuing employment of the Reporting Person 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.
SEC remarks
The Reporting Person's holdings have been adjusted to reflect the 1-for-6 reverse stock split of the Issuer's common stock that became effective on April 12, 2024.