Filing Details
- Accession Number:
- 0001437749-13-010689
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-08-13 18:40:14
- Reporting Period:
- 2013-08-09
- Filing Date:
- 2013-08-13
- Accepted Time:
- 2013-08-13 18:40:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1297336 | Reachlocal Inc | RLOC | Services-Advertising Agencies (7311) | 200498783 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1491817 | Nathan Hanks | 21700 Oxnard Street Suite 1600 Woodland Hills, CA 91367 | President | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2013-08-09 | 4,619 | $1.03 | 111,918 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-08-09 | 4,881 | $7.86 | 116,799 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-08-09 | 9,500 | $13.45 | 107,299 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2013-08-12 | 11,736 | $1.03 | 119,035 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2013-08-12 | 1,864 | $7.86 | 120,899 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-08-12 | 13,600 | $12.89 | 107,299 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2013-08-13 | 6,600 | $1.03 | 113,899 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2013-08-13 | 6,600 | $12.92 | 107,299 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2013-08-09 | 4,619 | $0.00 | 4,619 | $1.03 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2013-08-09 | 4,881 | $0.00 | 4,881 | $7.86 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2013-08-12 | 11,736 | $0.00 | 11,736 | $1.03 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2013-08-12 | 1,864 | $0.00 | 1,864 | $7.86 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2013-08-13 | 6,600 | $0.00 | 6,600 | $1.03 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 121,641 | 2017-06-23 | No | 4 | M | Direct | |
| 59,119 | 2019-02-16 | No | 4 | M | Direct | |
| 109,905 | 2017-06-23 | No | 4 | M | Direct | |
| 57,255 | 2019-02-16 | No | 4 | M | Direct | |
| 103,305 | 2017-06-23 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 240,000 | Indirect | NJH GST Trust |
| Common Stock | 47,527 | Indirect | Digital Media Distribution, LLC |
Footnotes
- 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.11 to $13.71, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.53 to $13.15, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.85 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.
- 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.
- The reporting person is the managing director of Digital Media Distribution, LLC.
- 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.
- 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 pro-rata monthly thereafter. This stock option will become completely vested on the fourth anniversary of the vesting start date.
Billionaire Hedge Funds
