Dennis Cline - Sep 28, 2023 Form 4 Insider Report for MARCHEX INC (MCHX)

Role
Director
Signature
Dennis Cline
Stock symbol
MCHX
Transactions as of
Sep 28, 2023
Transactions value $
$150
Form type
4
Date filed
10/2/2023, 04:29 PM
Previous filing
Oct 3, 2022
Next filing
Aug 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHX Class B Common Stock Award $150 +15K +13.42% $0.01* 127K Sep 28, 2023 Direct F1
holding MCHX Class B Common Stock 28.5K Sep 28, 2023 By DMC Investments, LLC
holding MCHX Class B Common Stock 10K Sep 28, 2023 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 28, 2023 Class B Common Stock 20K $1.45 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 28, 2023 (the "Grant Date") with 50% of such shares vesting on September 28, 2024 and September 28, 2025, 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 28, 2024 and September 28, 2025, 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).