MICHAEL A. ARENDS - 06 Nov 2024 Form 4 Insider Report for MARCHEX INC (MCHX)

Signature
/s/ Michael A. Arends
Issuer symbol
MCHX
Transactions as of
06 Nov 2024
Transactions value $
$0
Form type
4
Filing time
07 Nov 2024, 16:20:04 UTC
Previous filing
02 Oct 2023
Next filing
02 Jan 2025

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 MCHX Employee Stock Option (right to buy) Award $0 +50,000 $0 50,000 06 Nov 2024 Class B Common Stock 50,000 $1.8 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Option grant effective on the Grant Date with 50% of such options vesting on November 6, 2025 and November 6, 2026, respectively, assuming continued service on the Board for such period and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).