John Roswech - Jan 3, 2022 Form 4 Insider Report for MARCHEX INC (MCHX)

Role: Chief Revenue Officer
Signature: /s/John Roswech
Stock symbol: MCHX
Transactions as of: Jan 3, 2022
Transactions value $: $500
Form type: 4
Date filed: 1/3/2022, 04:35 PM
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MCHX	Class B Common Stock	Award	$500	+50K	+15.38%	$0.01^*	375K	Jan 3, 2022	Direct	F1

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	+50K		$0.00	50K	Jan 3, 2022	Class B Common Stock	50K	$2.56	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Restricted stock award effective January 3, 2022 (the "Grant Date") with 25% of such shares vesting on the first, second, third and forth annual anniversary of the Grant Date, subject to Roswech remaining a continuous and full-time active employee.
F2	Stock option award effective 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, subject to Roswech remaining a continuous and full-time active employee.