4//SEC Filing
Hagins Jeffrey L 4
Accession 0001181431-11-012062
CIK 0001297336other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 8:48 PM ET
Size
7.6 KB
Accession
0001181431-11-012062
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Hagins Jeffrey L
Chief Technology Officer
Transactions
- Award
Common Stock
2011-02-22+9,702→ 9,702 total(indirect: See Footnote) - Award
Common Stock
2011-02-22+6,126→ 6,126 total
Footnotes (3)
- [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 18,678 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 director and an owner of approximately 13% 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.
Documents
Issuer
ReachLocal Inc
CIK 0001297336
Entity typeother
Related Parties
1- filerCIK 0001502503
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 8:48 PM ET
- Size
- 7.6 KB