MARIN SOFTWARE INC 4
4 · MARIN SOFTWARE INC · Filed Mar 8, 2016
Insider Transaction Report
Form 4
Kim Stephen
General Counsel
Transactions
- Award
Employee Stock Option (right to buy)
2016-03-07+61,000→ 61,000 totalExercise: $3.31Exp: 2026-03-06→ Common Stock (61,000 underlying) - Award
Restricted Stock Units
2016-03-07+61,000→ 61,000 totalExercise: $0.00→ Common Stock (61,000 underlying)
Footnotes (3)
- [F1]25% of the shares subject to the grant vest and become exercisable on March 7, 2017, then 2.0833% of the shares subject to the grant vest and become exercisable each month thereafter, until such time as the option is 100% vested, subject to the continuing employment of the Reporting Person on each vesting date.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock.
- [F3]The RSUs vest over 4 years in equal annual installments beginning on March 7, 2017, until such time as the RSUs are 100% vested, subject to the continuing employment of the Reporting Person on each vesting date. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting.