Ryan Polley - 13 Aug 2021 Form 4 Insider Report for MARCHEX INC (MCHX)

Role: Chief Operating Officer
Signature: /s/Ryan Polley
Issuer symbol: MCHX
Transactions as of: 13 Aug 2021
Transactions value $: $0
Form type: 4
Filing time: 17 Aug 2021, 16:17:50 UTC
Next filing: 03 Jan 2022
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	MCHX	Employee Stock Option (right to buy)	Award	$0	+95K		$0.00	95K	13 Aug 2021	Class B Common Stock	95K	$3.00	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock option award effective on the Grant Date, with 25% of such options 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, subject to Polley remaining a continuous and full-time active employee and with vesting in full of such options upon a Change of Control (as defined in such reporting person's option agreement).

Content

Stock option award effective on the Grant Date, with 25% of such options 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, subject to Polley remaining a continuous and full-time active employee and with vesting in full of such options upon a Change of Control (as defined in such reporting person's option agreement).