SEC Form 4 · accession 0001209191-18-047761
MARCHEX INC · MCHX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Arends
Officer — Office of CEO Member & CFO
Period of report
Aug 21, 2018
Accepted (ET)
Aug 21, 2018 · 4:45 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F2 | $2.69 | Aug 21, 2018 | A | 68,000 | A | — | Aug 21, 2028 | Class B Common Stock | 68,000 | 68,000 | D |
Explanation of responses
- F1Option grant effective August 21, 2018 (the "Grant Date"). 25% of the options will vest on the first annual anniversary of the Grant Date. Thereafter, 1/12 of the remaining options will vest quarterly for the following three years.
- F2Options are subject to accelerated vesting under certain conditions as set forth in the reporting person's amended and restated employment agreement with the Issuer effective April 21, 2016.