Filing Details

Accession Number:
0001437749-13-013439
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-10-25 18:45:55
Reporting Period:
2013-10-24
Filing Date:
2013-10-25
Accepted Time:
2013-10-25 18:45:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1297336 Reachlocal Inc RLOC Services-Advertising Agencies (7311) 200498783
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1491817 Nathan Hanks 21700 Oxnard Street
Suite 1600
Woodland Hills, CA 91367
President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-10-24 11,424 $7.86 118,582 No 4 M Direct
Common Stock Disposition 2013-10-24 11,424 $13.02 107,158 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2013-10-24 11,424 $0.00 11,424 $7.86
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
42,667 2019-02-16 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 240,000 Indirect NJH GST Trust
Common Stock 47,527 Indirect Digital Media Distribution, LLC
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 28, 2013.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.00 to $13.10, inclusive. The reporting person undertakes to provide to ReachLocal, Inc., any security holder of ReachLocal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in herein.
  3. The reporting person's spouse is the trustee and the initial beneficiary of the trust. The reporting person disclaims beneficial ownership of the shares, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  4. The reporting person is the managing director of Digital Media Distribution, LLC.
  5. The shares subject to this option vest according to the following schedule: 25% of the total number of shares vested on the first anniversary of the February 17, 2012 vesting start date and the remainder vest pro-rata monthly thereafter. This stock option will become completely vested on the fourth anniversary of the vesting start date.