4//SEC Filing
ReachLocal Inc 4
Accession 0001437749-13-010885
CIK 0001297336operating
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 7:47 PM ET
Size
10.7 KB
Accession
0001437749-13-010885
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Hanks Nathan
Chief Distribution Officer
Transactions
- Exercise/Conversion
Common Stock
2013-08-14$1.03/sh+13,900$14,317→ 121,199 total - Sale
Common Stock
2013-08-14$12.57/sh−13,900$174,754→ 107,299 total - Exercise/Conversion
Stock Option (Right to Buy)
2013-08-14−13,900→ 89,405 totalExercise: $1.03Exp: 2017-06-23→ Common Stock (13,900 underlying)
Holdings
- 47,527(indirect: By LLC)
Common Stock
- 240,000(indirect: By Trust)
Common Stock
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 May 28, 2013.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.26 to $12.84, 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 reporting person's spouse is the trustee and the initial beneficiary of the trust. The reporting person disclaims beneficial ownership of the shares, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- [F4]The reporting person is the managing director of Digital Media Distribution, LLC.
- [F5]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 December 1, 2006 vesting start date and pro-rata monthly thereafter. This stock option became completely vested on the fourth anniversary of the vesting start date.
Documents
Issuer
ReachLocal Inc
CIK 0001297336
Entity typeoperating
Related Parties
1- filerCIK 0001297336
Filing Metadata
- Form type
- 4
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 7:47 PM ET
- Size
- 10.7 KB