Dennis Cline - Sep 29, 2022 Form 4 Insider Report for MARCHEX INC (MCHX)

Role
Director
Signature
Dennis Cline
Stock symbol
MCHX
Transactions as of
Sep 29, 2022
Transactions value $
$150
Form type
4
Date filed
10/3/2022, 04:31 PM
Previous filing
Dec 2, 2021
Next filing
Oct 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHX Class B Common Stock Award $150 +15K +15.5% $0.01* 112K Sep 29, 2022 Direct F1
holding MCHX Class B Common Stock 28.5K Sep 29, 2022 By DMC Investments, LLC
holding MCHX Class B Common Stock 10K Sep 29, 2022 By Trust for Colburn Cline F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCHX Non-Qualified Stock Option (right to buy) Award $0 +20K $0.00 20K Sep 29, 2022 Class B Common Stock 20K $1.78 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock award effective September 29, 2022 (the "Grant Date") with 50% of such shares vesting on September 29, 2023 and September 29, 2024, respectively, assuming continued service on the Board for such period and with vesting in full of all such restricted shares upon a Change of Control (as defined in such reporting person's restricted stock agreement).
F2 Reporting person disclaims beneficial ownership.
F3 Option grant effective on the Grant Date with 50% of such options vesting on September 29, 2023 and September 29, 2024, respectively, assuming continued service on the Board for such period and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).