Kline Michael 4
4 · ReachLocal Inc · Filed Mar 18, 2013
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Kline Michael
COO & Chief Product Officer
Transactions
- Sale
Common Stock
2013-03-15$14.51/sh−50,000$725,480→ 268,315 total
Footnotes (2)
- [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 $14.50 to $14.68, 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.