ReachLocal Inc 4
4 · ReachLocal Inc · Filed Mar 1, 2016
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Landsbaum Ross
Chief Financial Officer
Transactions
- Award
Common Stock
2016-02-26+60,824→ 93,702 total - Tax Payment
Common Stock
2016-02-26$1.90/sh−22,741$43,208→ 70,961 total - Award
Stock Option (Right to Buy)
2016-02-29+90,000→ 90,000 totalExercise: $1.95Exp: 2023-02-28→ Common Stock (90,000 underlying)
Footnotes (3)
- [F1]Shares issued in lieu of a portion of the reporting person's bonus pursuant to the issuer's executive bonus plan.
- [F2]Shares withheld by issuer to cover taxes in accordance with broker's procedures for share withholding transactions.
- [F3]The shares subject to this option will vest according to the following schedule: 25% of the total number of shares vest on the first anniversary of the February 29, 2016 vesting start date and pro-rata monthly thereafter. This stock option will be completely vested on the fourth anniversary of the vesting start date.