Brian K. Kinion - 24 May 2021 Form 4 Insider Report for MARIN SOFTWARE INC (MRIN)

Role: Director
Signature: /s/ Brian K. Kinion by Robert Bertz, Attorney-in-Fact
Issuer symbol: MRIN
Transactions as of: 24 May 2021
Transactions value $: $0
Form type: 4
Filing time: 26 May 2021, 21:41:06 UTC
Next filing: 04 Jun 2021
SEC: View on sec.gov

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	+41,875		$0.000000	41,875	24 May 2021	Common Stock	41,875	$0.000000	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 2022, provided that the Reporting Person continues to serve on the Issuer's Board of Directors on each 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 2022, provided that the Reporting Person continues to serve on the Issuer's Board of Directors on each 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.