other material
confidence high
sentiment neutral
materiality 0.30
Marchex grants 50,000 options to each director; annual meeting re-elects all nominees
MARCHEX INC
- Each director granted 50,000 stock options under 2021 Plan, vesting 50% annually over two years; exercise price at Dec 16 close.
- Independent directors to receive $7,500 cash per quarter for board service.
- At Dec 16 annual meeting, all five director nominees re-elected: Arends, Cline, Cogsville, Horowitz, Wisehart.
- Ratification of independent auditor approved with 152,299,333 votes for, 1,536 against.