4//SEC Filing
Kline Michael 4
Accession 0001437749-13-001884
CIK 0001297336other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 5:02 PM ET
Size
10.1 KB
Accession
0001437749-13-001884
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Kline Michael
COO & Chief Product Officer
Transactions
- Sale
Common Stock
2013-02-20$13.00/sh−19,410$252,330→ 318,315 total - Sale
Common Stock
2013-02-20$12.87/sh−1,100$14,157→ 337,725 total - Exercise/Conversion
Common Stock
2013-02-20$7.86/sh+1,100$8,646→ 338,825 total - Exercise/Conversion
Stock Option (Right to Buy)
2013-02-20−1,100→ 56,000 totalExercise: $7.86Exp: 2019-02-16→ Common Stock (1,100 underlying)
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 17, 2012.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.86 to $12.906, 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 in herein.
- [F3]The shares subject to this option vest according to the following schedule: 25% of the total number of shares vested on the first anniversary of the February 17, 2012 vesting start date and pro-rata monthly thereafter. This stock option will become completely vested on the fourth anniversary of the vesting start date.
Documents
Issuer
ReachLocal Inc
CIK 0001297336
Entity typeother
Related Parties
1- filerCIK 0001491339
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 5:02 PM ET
- Size
- 10.1 KB