SEC Form 4 · accession 0001209191-15-018698
MARCHEX INC · MCHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian H Morris
Director
Period of report
Feb 25, 2015
Accepted (ET)
Feb 25, 2015 · 5:33 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001224133
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $3.96 | Feb 25, 2015 | A | 146,215 | A | — | Feb 25, 2025 | Class B Common Stock | 146,215 | 146,215 | D |
Explanation of responses
- F1Option grant effective February 25, 2015 (the "Grant Date"). 25% of the aggregate amount of options will vest on the first annual anniversary of the Grant Date. Thereafter, the remainder vests quarterly over the next 3 years in equal increments of 6.25% of the aggregate amount of options (assuming continued Board service on the applicable vesting date) and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).