John Roswech - 03 Jan 2022 Form 4 Insider Report for MARCHEX INC (MCHX)

Role: Chief Revenue Officer
Signature: /s/John Roswech
Issuer symbol: MCHX
Transactions as of: 03 Jan 2022
Net transactions value: +$500
Form type: 4
Filing time: 03 Jan 2022, 16:35:28 UTC
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	+50,000	+15%	$0.0100^*	375,000	03 Jan 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	+50,000		$0.000000	50,000	03 Jan 2022	Class B Common Stock	50,000	$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.