Edwin A. Miller - 03 Feb 2023 Form 4 Insider Report for MARCHEX INC (MCHX)

Signature
/s/Edwin A. Miller
Issuer symbol
MCHX
Transactions as of
03 Feb 2023
Transactions value $
$0
Form type
4
Filing time
06 Feb 2023, 15:33:26 UTC
Next filing
02 Oct 2023

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 +300,000 $0.000000 300,000 03 Feb 2023 Class B Common Stock 300,000 $2.09 Direct F1
transaction MCHX Employee Stock Option (right to buy) Award $0 +375,000 $0.000000 375,000 03 Feb 2023 Class B Common Stock 375,000 $2.09 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option award effective February 3, 2023 (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 acceleration of vesting in certain events.
F2 Stock option grant effective on the Grant Date.
F3 See Exhibit A.