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Filing Details

Accession Number:
0001181431-14-024684
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-06-20 17:32:05
Reporting Period:
2014-06-18
Filing Date:
2014-06-20
Accepted Time:
2014-06-20 17:32:05
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1224133 Marchex Inc MCHX Services-Business Services, Nec (7389) 352194038
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1282317 A Michael Arends 520 Pike Street
Suite 2000
Seattle WA 98101
Chief Financial Officer No 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
Class B Common Stock Acquisiton 2014-06-18 28,399 $4.63 425,784 No 4 M Direct
Class B Common Stock Acquisiton 2014-06-18 71,601 $4.89 497,385 No 4 M Direct
Class B Common Stock Disposition 2014-06-18 100,000 $11.25 397,385 No 4 S Direct
Class B Common Stock Acquisiton 2014-06-20 8,400 $0.00 405,785 No 4 M Direct
Class B Common Stock Disposition 2014-06-20 3,524 $11.47 402,261 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 F Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class B Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2014-06-18 28,399 $0.00 28,399 $4.63
Class B Common Stock Non-Qualified Stock Option (Right to Buy) Disposition 2014-06-18 71,601 $0.00 71,601 $4.89
Class B Common Stock Restricted Stock Units Disposition 2014-06-20 8,400 $0.00 8,400 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
21,601 2019-08-12 No 4 M Direct
27,399 2020-05-11 No 4 M Direct
0 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class B Common Stock 18,100 Indirect By IRA
Class B Common Stock 6,500 Indirect By IRA for Diana Arends
Class B Common Stock 10,500 Indirect By Trust for Nicole Marie
Footnotes
  1. The sales reported on this Form 4 were effected pursuant to a Rule 10(b)5-1 trading plan adopted by the reporting person in 2014 and which such Rule 10(b)5-1 trading plan shall terminate on the earlier of all shares having been sold thereunder or December 31, 2015.
  2. Restricted stock unit award effective December 20, 2011 (the "RSU Grant Date"). Each restricted stock unit represents a contingent right to receive one share of the Corporation's Class B Common Stock upon satisfaction of the vesting considerations. The restricted stock units have been issued in three separate tranches, representing approximately 32% ("Tranche A"), 33% ("Tranche B") and 35% ("Tranche C"), respectively, of such award. Such restricted stock units shall vest on the later of (a) the twelve month anniversary of the RSU Grant Date (Tranche A), the twenty-one month anniversary of the RSU Grant Date (Tranche B) or the thirty month anniversary of the RSU Grant Date (Tranche C), and (b) the last day of the first 20 consecutive trading day period after the RSU Grant Date during which the average closing price of the Corporation's Class B Common Stock over such period is equal to or greater than $8.00 (Tranche A), $8.50 (Tranche B) or $9.00 (Tranche C).
  3. Exempt disposition to the Issuer under Rule 16b-3(e) to satisfy tax withholding obligations arising out of the vesting of restricted stock units.
  4. Reporting person disclaims beneficial ownership.
  5. Immediate exercisability.