CLINE DENNIS 4
4 · MARCHEX INC · Filed Oct 4, 2021
Insider Transaction Report
Form 4
MARCHEX INCMCHX
CLINE DENNIS
Director
Transactions
- Award
Class B Common Stock
2021-10-01$0.01/sh+15,000$150→ 146,760 total - Award
Non-Qualified Stock Option (right to buy)
2021-10-01+20,000→ 20,000 totalExercise: $3.02Exp: 2031-10-01→ Class B Common Stock (20,000 underlying)
Holdings
- 10,000(indirect: By Trust)
Class B Common Stock
- 28,500(indirect: By LLC)
Class B Common Stock
Footnotes (3)
- [F1]Restricted stock award effective October 1, 2021 (the "Grant Date") with 50% of such shares vesting on October 1, 2022 and October 1, 2023, respectively, assuming continued service on the Board for such period and with vesting in full of all such restricted shares upon a Change of Control (as defined in such reporting person's restricted stock agreement).
- [F2]Reporting person disclaims beneficial ownership.
- [F3]Option grant effective on the Grant Date with 50% of such options vesting on October 1, 2022 and October 1, 2023, respectively, assuming continued service on the Board for such period and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).