Clarke Heath B 4
4 · LOCAL Corp · Filed Feb 20, 2013
Insider Transaction Report
Form 4
LOCAL CorpLOCM
Clarke Heath B
DirectorCEO and Chairman
Transactions
- Tax Payment
Common stock
2013-02-19−37,852→ 88,413 total
Footnotes (1)
- [F1]Common stock represents the underlying security of performance stock units granted to the reporting person on June 14, 2012. Forfeiture is a result of failure to achieve specified financial objectives, including gross revenue and Adjusted Net Income targets, for the second half of 2012, as established by the Nominating, Compensation and Corporate Governance Committee of the board of directors of the Company.