Power Steven R. 4
4 · ReachLocal Inc · Filed May 3, 2011
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Power Steven R.
CEO, ReachLocal Australia
Transactions
- Sale
Common Stock
2011-04-29$24.34/sh−2,900$70,597→ 123,181 total(indirect: See footnote)
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 16, 2010.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.57 to $24.90, inclusive. The reporting person undertakes to provide to ReachLocal, Inc., any security holder of ReachLocal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in herein.
- [F3]These securities are directly held by Elysium Corporation Pty, Ltd., of which the reporting person is a Director.