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
- The sales reported on this Form 4 were effected pursuant to a Rule 10(b)5-1 trading plan adopted by the reporting person.
- 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.
- 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.
- 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.
- 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.