MARCHEX INC — Director's Dealing 2018

Aug 21, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: MARCHEX INC (MCHX)
CIK: 0001224133
Period of Report: 2018-08-21

Reporting Person: ARENDS MICHAEL A (Office of CEO Member & CFO)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-21	Employee Stock Option (right to buy)	$2.69	A	68000	Acquired	2028-08-21	Class B Common Stock (68000)	Direct

Footnotes

F1: Option grant effective August 21, 2018 (the "Grant Date"). 25% of the options will vest on the first annual anniversary of the Grant Date. Thereafter, 1/12 of the remaining options will vest quarterly for the following three years.

F2: Options are subject to accelerated vesting under certain conditions as set forth in the reporting person's amended and restated employment agreement with the Issuer effective April 21, 2016.