SEC Form 4 · accession 0001437749-15-009365
ReachLocal Inc · RLOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sharon T Rowlands
Officer — Chief Executive Officer · Director
Period of report
May 7, 2015
Accepted (ET)
May 7, 2015 · 8:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001297336
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $2.70 | May 7, 2015 | A | 250,000 | A | — | May 6, 2022 | Common Stock | 250,000 | 250,000 | D |
Explanation of responses
- F1The shares subject to this option will vest according to the following schedule: 25% of the total number of shares vest on the one-year 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