4//SEC Filing
ReachLocal Inc 4
Accession 0001437749-13-013439
CIK 0001297336operating
Filed
Oct 24, 8:00 PM ET
Accepted
Oct 25, 6:45 PM ET
Size
10.7 KB
Accession
0001437749-13-013439
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Hanks Nathan
Chief Distribution Officer
Transactions
- Exercise/Conversion
Common Stock
2013-10-24$7.86/sh+11,424$89,793→ 118,582 total - Sale
Common Stock
2013-10-24$13.02/sh−11,424$148,750→ 107,158 total - Exercise/Conversion
Stock Option (Right to Buy)
2013-10-24−11,424→ 42,667 totalExercise: $7.86Exp: 2019-02-16→ Common Stock (11,424 underlying)
Holdings
- 240,000(indirect: By Trust)
Common Stock
- 47,527(indirect: By LLC)
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 $13.00 to $13.10, 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 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 the remainder vest 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 typeoperating
Related Parties
1- filerCIK 0001297336
Filing Metadata
- Form type
- 4
- Filed
- Oct 24, 8:00 PM ET
- Accepted
- Oct 25, 6:45 PM ET
- Size
- 10.7 KB