Ryan Polley - 25 Jan 2023 Form 4 Insider Report for MARCHEX INC (MCHX)

Reporting relationship: Chief Operating Officer
Issuer ticker: MCHX
Reported as of: 25 Jan 2023
Net transaction value: +$500
SEC form: 4
Accepted by SEC: 26 Jan 2023, 15:54:48 UTC
Prior SEC filing: 03 Jan 2022
Source filing: View source filing
Reporting owner signature: /s/Ryan Polley

Key filing fact

Ryan Polley filed Form 4 for MARCHEX INC (MCHX) on 26 Jan 2023.

Key facts

This page summarizes Ryan Polley's Form 4 filing for MARCHEX INC (MCHX).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 26 Jan 2023, 15:54.

Change

Previous filing in this sequence was filed on 03 Jan 2022.
Current net transaction value: +$500.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MCHX transaction

Class B Common Stock

Award

Transaction value: $500
Shares: +50,000
Change %: +26%
Price: $0.0100^*
Shares after: 245,000
Date: 25 Jan 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MCHX transaction Derivative

Employee Stock Option (right to buy)

Award

Transaction value: $0
Shares: +140,000
Change %
Price: $0.000000
Shares after: 140,000
Date: 25 Jan 2023
Ownership: Direct
Underlying class: Class B Common Stock
Underlying amount: 140,000
Exercise price: $2.00
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Restricted stock award effective January 25, 2023 (the "Grant Date") with 25% of such shares vesting on the first, second, third and fourth annual anniversary of the Grant Date, and with vesting in full of all such shares of restricted stock upon a Change of Control (as defined in such reporting person's restricted stock agreement).

Footnote F2

Stock option award effective on the Grant Date, with 25% of such option shares vesting on the first annual anniversary of the Grant Date and 1/12 of the remainder vesting in equal increments quarterly thereafter over the following three (3) year period, and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).