Filing Details
- Accession Number:
- 0001181431-11-026857
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-05-03 18:27:29
- Reporting Period:
- 2011-04-29
- Filing Date:
- 2011-05-03
- Accepted Time:
- 2011-05-03 18:27:29
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1297336 | Reachlocal Inc | RLOC | Services-Advertising Agencies (7311) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1491495 | F. Adam Wergeles | C/O Reachlocal, Inc. 21700 Oxnard St, Suite 1600 Woodland Hills CA 91367 | General Counsel, Secretary | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2011-04-29 | 5,367 | $9.23 | 5,367 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-04-29 | 5,367 | $23.70 | 0 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2011-05-02 | 4,633 | $9.23 | 4,633 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2011-05-02 | 4,633 | $22.42 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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) | Acquisiton | 2011-04-29 | 5,367 | $0.00 | 5,367 | $9.23 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2011-05-02 | 4,633 | $0.00 | 4,633 | $9.23 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 144,633 | 2017-12-18 | No | 4 | M | Direct | |
| 140,000 | 2017-12-18 | No | 4 | M | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 1, 2011.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.76 to $24.90, 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 $22.11 to $22.95, 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 shares subject to this option vest according to the following schedule: 25% of the total number of shares vest on the first anniversary of the December 3, 2007 vesting start date (the "Vesting Start Date") and pro-rata monthly thereafter. This Stock Option is completely vested on the fourth anniversary of the Vesting Start Date.
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