MARCHEX INC — Director's Dealing 2015

Feb 25, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARCHEX INC (MCHX)
CIK: 0001224133
Period of Report: 2015-02-25

Reporting Person: Morris Ian H (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-02-25	Non-Qualified Stock Option (right to buy)	$3.96	A	146215	Acquired	2025-02-25	Class B Common Stock (146215)	Direct

Footnotes

F1: Option grant effective February 25, 2015 (the "Grant Date"). 25% of the aggregate amount of options will vest on the first annual anniversary of the Grant Date. Thereafter, the remainder vests quarterly over the next 3 years in equal increments of 6.25% of the aggregate amount of options (assuming continued Board service on the applicable vesting date) and with vesting in full of all such options upon a Change of Control (as defined in such reporting person's option agreement).