SEC Form 4 · accession 0001437749-16-033084
ReachLocal Inc · RLOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Hale
Director
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 5:18 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,F2 | $1.65 | May 26, 2016 | A | 50,000 | A | — | May 25, 2026 | Common Stock | 50,000 | 50,000 | D |
Explanation of responses
- F1The stock option was issued to Mr. Hale in his capacity as a director pursuant to the ReachLocal, Inc. Non-Employee Director Compensation Program.
- F2The shares subject to this stock option will vest in full upon the earlier of the first anniversary of the grant date and the date of the next annual meeting of stockholders.