SEC Form 4 · accession 0001437749-15-009364
ReachLocal Inc · RLOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kristopher Barton
Officer — Chief Product Officer
Period of report
May 4, 2015
Accepted (ET)
May 7, 2015 · 8:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001297336
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 4, 2015 | F | 236 | $2.87 | D | 35,729 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $2.70 | May 7, 2015 | A | 100,000 | A | — | May 6, 2022 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Shares withheld by issuer to cover taxes in accordance with broker's procedures for share withholding transactions.
- F2The shares subject to this option will vest according to the following schedule: 25% of the total number of shares vest on the first anniversary of the May 7, 2015 vesting start date and pro-rata monthly thereafter. This stock option will be completely vested on the fourth anniversary of the vesting start date.
Remarks
Exhibit 24 - Power of Attorney