4//SEC Filing
Hawkinson Alex 4
Accession 0001437749-11-006294
CIK 0001297336other
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 8:05 PM ET
Size
9.2 KB
Accession
0001437749-11-006294
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Hawkinson Alex
Gen Manager, Digital Presence
Transactions
- Award
Common Stock
2011-08-22+10,056→ 19,758 total(indirect: See Footnote) - Sale
Common Stock
2011-08-22$13.54/sh−11,836$160,233→ 17,763 total - Award
Common Stock
2011-08-22+47,344→ 65,107 total
Footnotes (5)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2011.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.03 to $13.95, inclusive. The reporting person undertakes to provide to ReachLocal, Inc., any security holder of ReachLocal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- [F3]Common Stock was issued to the reporting person in connection with ReachLocal, Inc.'s acquisition of SMB:LIVE Corporation (the "Acquisition"), in an exempt transaction under Rule 16b-3(d). As part of the consideration paid to the reporting person in connection with the Acquisition, the reporting person is eligible to receive up to an additional 91,914 shares of Common Stock upon the satisfaction of certain employee retention objectives set forth in the Acquisition agreement.
- [F4]Common Stock was issued to Mural Ventures Corporation ("Mural") in connection with the Acquisition, in an exempt transaction under Rule 16b-3(d). As part of the consideration paid to Mural in connection with the Acquisition, Mural is eligible to receive up to an additional 19,523 shares of Common Stock upon the satisfaction of certain employee retention objectives set forth in the Acquisition agreement.
- [F5]The reporting person is a director and the majority stockholder of Mural's capital stock. The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.
Documents
Issuer
ReachLocal Inc
CIK 0001297336
Entity typeother
Related Parties
1- filerCIK 0001491540
Filing Metadata
- Form type
- 4
- Filed
- Aug 21, 8:00 PM ET
- Accepted
- Aug 22, 8:05 PM ET
- Size
- 9.2 KB