4//SEC Filing
Gordon Zorik 4
Accession 0001437749-12-006444
CIK 0001297336other
Filed
Jun 26, 8:00 PM ET
Accepted
Jun 27, 4:40 PM ET
Size
7.9 KB
Accession
0001437749-12-006444
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Gordon Zorik
DirectorPresident and CEO10% Owner
Transactions
- Disposition to Issuer
Stock Option (Right to Buy)
2012-06-25−200,000→ 0 totalExercise: $22.46Exp: 2018-02-16→ Common Stock (200,000 underlying) - Award
Stock Option (Right to Buy)
2012-06-25+137,931→ 137,931 totalExercise: $13.00Exp: 2019-06-24→ Common Stock (137,931 underlying)
Footnotes (3)
- [F1]The shares subject to this option vested according to the following schedule: 25% of the total number of shares vested on the first anniversary of the February 17, 2011 vesting start date (the "Original Vesting Start Date") and pro-rata monthly thereafter. This Stock Option would have been completely vested on the fourth anniversary of the Original Vesting Start Date.
- [F2]On June 25, 2012, pursuant to the issuer's stock option exchange, the issuer canceled this option and in exchange granted the reporting person a stock option covering 137,931 shares with an exercise price of $13.00 per share.
- [F3]The shares subject to this option vest according to the following schedule: 12.5% of the total number of shares vest on the 6-month anniversary of the June 25, 2012 vesting start date (the "New Vesting Start Date") and pro-rata monthly thereafter. This Stock Option will be completely vested on the fourth anniversary of the New Vesting Start Date.
Documents
Issuer
ReachLocal Inc
CIK 0001297336
Entity typeother
Related Parties
1- filerCIK 0001491693
Filing Metadata
- Form type
- 4
- Filed
- Jun 26, 8:00 PM ET
- Accepted
- Jun 27, 4:40 PM ET
- Size
- 7.9 KB