Filing Details

Accession Number:
0001181431-14-015768
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-04-07 16:34:23
Reporting Period:
2014-04-04
Filing Date:
2014-04-07
Accepted Time:
2014-04-07 16:34:23
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1224133 Marchex Inc MCHX Services-Business Services, Nec (7389) 352194038
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1518726 Michael Miller 520 Pike Street
Suite 2000
Seattle WA 98101
Sr. Vp Acctg & Corp Controller No 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
Class B Common Stock Disposition 2014-04-07 5,625 $10.10 24,875 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Restricted Stock Units Acquisiton 2014-04-04 30,000 $0.00 30,000 $0.00
Class B Common Stock Employee Stock Option (right to buy) Acquisiton 2014-04-04 30,000 $0.00 30,000 $10.15
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,000 No 4 M Direct
30,000 2024-04-04 No 4 A Direct
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10(b)5-1 trading plan adopted by the reporting person.
  2. Restricted stock unit award effective April 4, 2014 (the "RSU Grant Date"). Each restricted stock unit represents a contingent right to receive one share of the Corporation's Class B Common Stock in accordance with the following four year vesting schedule: 25% of the total restricted stock units shall vest on each of the first, second, third and fourth annual anniversaries, respectively, of the RSU Grant Date.
  3. Fifty percent (50%) of all options and restricted stock units not already vested as of the date of a Change of Control (as defined in such reporting person's award agreements) shall become immediately vested upon such Change of Control.
  4. Option grant effective April 4, 2014 (the "Option Grant Date"). 25% of the options will vest on the first annual anniversary of the Option Grant Date. Thereafter, 1/12 of the remaining will vest quarterly thereafter for the following three years.
  5. This transaction was executed in multiple trades at prices ranging from $9.78 to $10.38. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, Marchex or a stockholder of Marchex full information regarding the number of shares and prices at which the transaction was effected.