4//SEC Filing
Berk Matthew 4
Accession 0001181431-10-063343
CIK 0001224133other
Filed
Dec 21, 7:00 PM ET
Accepted
Dec 22, 4:37 PM ET
Size
8.1 KB
Accession
0001181431-10-063343
Insider Transaction Report
Form 4
MARCHEX INCMCHX
Berk Matthew
EVP of Product Engineering
Transactions
- Award
Class B Common Stock
2010-12-20$0.01/sh+25,000$250→ 205,000 total - Award
Employee Stock Option (right to buy)
2010-12-20+25,000→ 25,000 totalExercise: $8.77Exp: 2020-12-20→ Class B Common Stock (25,000 underlying)
Footnotes (3)
- [F1]Restricted stock award effective December 20, 2010 (the "Grant Date"). The restricted stock vests in accordance with the following four year vesting schedule: 25% of the total shares shall vest on each of the first, second, third and fourth annual anniversaries, respectively, of the Grant Date.
- [F2]Option grant effective December 20, 2010 (the "Option Grant Date"). 25% of the options will vest on the first annual anniversary of the Option Grant Date. Thereafter, 1/12th of the remaining will vest quarterly thereafter for the following three years.
- [F3]One hundred percent (100%) of all options and restricted stock not already vested as of the date thereof, shall become immediately vested upon the occurrence of both (a) a Change of Control (as defined in such reporting person's award agreements), (b) followed by (i) a termination without cause of such reporting person's employment by the Corporation or any successor thereto, (ii) a Diminution in Duties (as defined in such reporting person's award agreements) with respect to the reporting person, or (iii) the 12 month anniversary of the occurrence of the Change of Control.
Documents
Issuer
MARCHEX INC
CIK 0001224133
Entity typeother
Related Parties
1- filerCIK 0001462717
Filing Metadata
- Form type
- 4
- Filed
- Dec 21, 7:00 PM ET
- Accepted
- Dec 22, 4:37 PM ET
- Size
- 8.1 KB