DENNIS CLINE - 29 Sep 2022 Form 4 Insider Report for MARCHEX INC (MCHX)

Role
Director
Signature
Dennis Cline
Issuer symbol
MCHX
Transactions as of
29 Sep 2022
Net transactions value
+$150
Form type
4
Filing time
03 Oct 2022, 16:31:04 UTC
Previous filing
02 Dec 2021
Next filing
02 Oct 2023
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 $150 +15,000 +16% $0.0100* 111,760 29 Sep 2022 Direct F1
holding MCHX Class B Common Stock 28,500 29 Sep 2022 By DMC Investments, LLC
holding MCHX Class B Common Stock 10,000 29 Sep 2022 By Trust for Colburn Cline F2

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 Non-Qualified Stock Option (right to buy) Award $0 +20,000 $0.000000 20,000 29 Sep 2022 Class B Common Stock 20,000 $1.78 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award effective September 29, 2022 (the "Grant Date") with 50% of such shares vesting on September 29, 2023 and September 29, 2024, respectively, assuming continued service on the Board for such period and with vesting in full of all such restricted shares upon a Change of Control (as defined in such reporting person's restricted stock agreement).
F2 Reporting person disclaims beneficial ownership.
F3 Option grant effective on the Grant Date with 50% of such options vesting on September 29, 2023 and September 29, 2024, 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).