4//SEC Filing
Gordon Zorik 4
Accession 0001437749-13-004332
CIK 0001297336other
Filed
Apr 10, 8:00 PM ET
Accepted
Apr 11, 5:35 PM ET
Size
14.7 KB
Accession
0001437749-13-004332
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Gordon Zorik
DirectorPresident and CEO10% Owner
Transactions
- Exercise/Conversion
Common Stock
2013-04-11$10.91/sh+30,000$327,300→ 96,343 total - Sale
Common Stock
2013-04-09$15.00/sh−16,587$248,837→ 1,562,798 total(indirect: By Trust) - Sale
Common Stock
2013-04-11$15.59/sh−41,143$641,255→ 1,480,020 total(indirect: By Trust) - Sale
Common Stock
2013-04-11$16.00/sh−30,000$480,000→ 66,343 total - Sale
Common Stock
2013-04-10$15.15/sh−41,635$630,699→ 1,521,163 total(indirect: By Trust) - Exercise/Conversion
Stock Option (Right to Buy)
2013-04-11−30,000→ 420,000 totalExercise: $10.91Exp: 2015-09-18→ Common Stock (30,000 underlying)
Footnotes (6)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2012.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.03, 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]These shares are held directly by the Gordon Family Revocable Trust, and indirectly by Zorik Gordon and Ilana P. Gordon as trustees of the trust.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.00 to $15.25, 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.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.24 to $16.00, 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.
- [F6]The shares subject to this stock option vest according to the following schedule: 20% of the total number of shares vested on the first anniversary of the May 7, 2008 vesting start date and pro-rata monthly thereafter. This stock option is completely vested on the fifth anniversary of the vesting start date.
Documents
Issuer
ReachLocal Inc
CIK 0001297336
Entity typeother
Related Parties
1- filerCIK 0001491693
Filing Metadata
- Form type
- 4
- Filed
- Apr 10, 8:00 PM ET
- Accepted
- Apr 11, 5:35 PM ET
- Size
- 14.7 KB