ReachLocal Inc 4
4 · ReachLocal Inc · Filed Mar 30, 2016
Insider Transaction Report
Form 4
ReachLocal IncRLOC
Landsbaum Ross
Chief Financial Officer
Transactions
- Award
Restricted Stock Units
2016-03-28+40,000→ 40,000 total→ Common Stock (40,000 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of ReachLocal, Inc. common stock.
- [F2]The restricted stock units will vest according to the following schedule: 25% on the first anniversary of the March 28, 2016 vesting start date and quarterly over the subsequent 12 quarters. The restricted stock units will be completely vested on the fourth anniversary of the vesting start date.