HOROWITZ RUSSELL C 4
4 · MARCHEX INC · Filed Jan 3, 2022
Insider Transaction Report
Form 4
MARCHEX INCMCHX
HOROWITZ RUSSELL C
DirectorChief Executive Officer10% Owner
Transactions
- Award
Class B Common Stock
2022-01-03$0.01/sh+51,000$510→ 838,918 total - Award
Employee Stock Option (right to buy)
2021-12-30+47,500→ 47,500 totalExercise: $2.57Exp: 2031-12-30→ Class B Common Stock (47,500 underlying) - Award
Employee Stock Option (right to buy)
2022-01-03+51,000→ 51,000 totalExercise: $2.56Exp: 2032-01-03→ Class B Common Stock (51,000 underlying) - Award
Class B Common Stock
2021-12-30$0.01/sh+47,500$475→ 787,918 total
Holdings
- 5,000(indirect: By IRA)
Class B Common Stock
Footnotes (5)
- [F1]Restricted stock award effective December 30, 2021 (the "Grant Date").
- [F2]See Exhibit A.
- [F3]Restricted stock award effective January 3, 2022 (the "Second Grant Date") with 25% of such shares vesting on the first, second, third and fourth annual anniversary of the Second Grant Date, subject to double-trigger acceleration upon change of control as set forth in the reporting person's employment agreement with the Issuer.
- [F4]Option grant effective on the Grant Date.
- [F5]Stock option award effective the Second Grant Date, with 25% of such option shares vesting on the first annual anniversary of the Second Grant Date and 1/12 of the remainder vesting in equal increments quarterly thereafter over the following three (3) year period, subject to double-trigger acceleration upon change of control as set forth in the reporting person's employment agreement with the Issuer.