MARCHEX INC 4
4 · MARCHEX INC · Filed Apr 22, 2016
Insider Transaction Report
Form 4
MARCHEX INCMCHX
CALDWELL ETHAN A
General Counsel & CAO
Transactions
- Award
Employee Stock Option (right to buy)
2016-04-21+130,000→ 130,000 totalExercise: $4.26Exp: 2026-04-21→ Class B Common Stock (130,000 underlying) - Award
Class B Common Stock
2016-04-21$0.01/sh+120,000$1,200→ 495,502 total
Footnotes (3)
- [F1]Restricted stock award effective April 21, 2016 (the "Grant Date"). The restricted stock award 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]All options and restricted stock are subject to accelerated vesting under certain conditions as set forth in the reporting person's amended and restated employment agreement with the Issuer effective April 21, 2016.
- [F3]Option grant effective the Grant Date. 25% of the options will vest on the first annual anniversary of the Grant Date. Thereafter, 1/12 of the remaining options will vest quarterly for the following three years.