Polley Ryan 4
4 · MARCHEX INC · Filed Jan 4, 2021
Insider Transaction Report
Form 4
MARCHEX INCMCHX
Polley Ryan
Chief Product/Strategy Officer
Transactions
- Award
Employee Stock Option (right to buy)
2021-01-04+20,000→ 20,000 totalExercise: $2.02Exp: 2031-01-04→ Class B Common Stock (20,000 underlying) - Award
Class B Common Stock
2021-01-04$0.01/sh+20,000$200→ 145,000 total
Footnotes (2)
- [F1]Restricted stock award effective January 4, 2021 (the "Grant Date") with 25% of such shares vesting on the first, second, third and fourth annual anniversary of the Grant Date, subject to Polley remaining a continuous and full-time active employee and with vesting in full of all such shares of restricted stock upon a Change of Control (as defined in such reporting person's restricted stock agreement).
- [F2]Stock option award effective on the Grant Date, with 25% of such option shares vesting on the first annual anniversary of the Grant Date and 1/12 of the remainder vesting in equal increments quarterly thereafter over the following three (3) year period, subject to Polley remaining a continuous and full-time active employee and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).