Clarke Heath B 4
4 · LOCAL.COM · Filed Jan 6, 2011
Insider Transaction Report
Form 4
LOCAL.COMLOCM
Clarke Heath B
DirectorCEO and Chairman
Transactions
- Other
Common Stock
2011-01-06−268,036→ 0 total
Footnotes (1)
- [F1]Mr. Clarke is reporting the involuntary disposition of 268,036 shares of common stock as a result of Rainmaker International, Inc., a former lender to Mr. Heath Clarke, having defaulted on its obligation to return 268,036 shares of the common stock owned by Mr. Clarke and held by it as collateral for a loan that was previously repaid by Mr. Clarke