MARIN SOFTWARE INC 4
4 · MARIN SOFTWARE INC · Filed May 2, 2017
Insider Transaction Report
Form 4
Kinnish Bradley
VP Finance, Acting CFO
Transactions
- Award
Restricted Stock Units
2017-04-07+100,000→ 100,000 total→ Common Stock (100,000 underlying) - Award
Employee Stock Option (right to buy)
2017-04-07+200,000→ 200,000 totalExercise: $1.90Exp: 2027-04-06→ Common Stock (200,000 underlying)
Footnotes (3)
- [F1]25% of the shares subject to the grant vest and become exercisable on April 7, 2018, 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]25% of the RSUs vest annually on the anniversary of the grant date, 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.