Edwin A. Miller - 28 Sep 2023 Form 4 Insider Report for MARCHEX INC (MCHX)

Signature
/s/Edwin A. Miller
Issuer symbol
MCHX
Transactions as of
28 Sep 2023
Transactions value $
$0
Form type
4
Filing time
02 Oct 2023, 16:38:45 UTC
Previous filing
06 Feb 2023
Next filing
16 May 2024

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 +350,000 $0 350,000 28 Sep 2023 Class B Common Stock 350,000 $1.45 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock option award effective September 28, 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.