Robert Bertz - 09 Feb 2023 Form 4 Insider Report for MARIN SOFTWARE INC (MRIN)

Role
CFO
Signature
/s/ Robert Bertz
Issuer symbol
MRIN
Transactions as of
09 Feb 2023
Transactions value $
$0
Form type
4
Filing time
13 Feb 2023, 16:10:10 UTC
Previous filing
13 Dec 2022
Next filing
09 May 2023
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 MRIN Restricted Stock Units Award $0 +85K $0.00 85K 09 Feb 2023 Common Stock 85K $0.00 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one (1) share of the Issuer's Common Stock upon settlement.
F2 50% of the RSUs vest on each of March 7, 2024 and March 7, 2025, so long as the Reporting Person continues to provide services to the Issuer or any of its subsidiaries on each vesting date as provided in the Plan or the RSU Agreement. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. The RSUs have no expiration date.