4//SEC Filing
Hawkinson Alex 4
Accession 0001181431-11-012061
CIK 0001297336other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 8:47 PM ET
Size
10.1 KB
Accession
0001181431-11-012061
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Hawkinson Alex
Gen Manager, Digital Presence
Transactions
- Award
Common Stock
2011-02-22+45,679→ 45,679 total - Award
Common Stock
2011-02-22+9,702→ 9,702 total(indirect: See Footnote) - Award
Stock Option (Right to Buy)
2011-02-17+50,000→ 50,000 totalExercise: $22.00Exp: 2018-02-16→ Common Stock (50,000 underlying)
Footnotes (4)
- [F1]Common Stock was issued to the reporting person in connection with ReachLocal, Inc.'s acquisition of SMB:LIVE Corporation (the "Acquisition"), in an exempt transaction under Rule 16b-3(d). As part of the consideration paid to the reporting person in connection with the Acquisition, the reporting person is eligible to receive up to an additional 139,258 shares of Common Stock upon the satisfaction of certain employee retention objectives set forth in the Acquisition agreement.
- [F2]Common Stock was issued to Mural Ventures Corporation ("Mural") in connection with the Acquisition, in an exempt transaction under Rule 16b-3(d). As part of the consideration paid to Mural in connection with the Acquisition, Mural is eligible to receive up to an additional 29,579 shares of Common Stock upon the satisfaction of certain employee retention objectives set forth in the Acquisition agreement.
- [F3]The reporting person is a is a director and the majority stockholder of Mural's capital stock. The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
- [F4]The shares subject to this option vest according to the following schedule: 25% of the total number of shares vest on the first anniversary of the February 17, 2011 vesting start date (the "Vesting Start Date") and pro-rata monthly thereafter. This Stock Option is completely vested on the fourth anniversary of the Vesting Start Date.
Documents
Issuer
ReachLocal Inc
CIK 0001297336
Entity typeother
Related Parties
1- filerCIK 0001491540
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 8:47 PM ET
- Size
- 10.1 KB