other
confidence high
sentiment neutral
materiality 0.25
Marchex grants equity to directors; stockholders re-elect all nominees at 2022 annual meeting
MARCHEX INC
- Each director receives 15,000 restricted shares ($0.01/share) and 20,000 options at $1.78 exercise price.
- Restricted stock and options vest 50% annually over two years, accelerated on change in control.
- Non-employee directors also get $7,500 quarterly cash retainer.
- All four director nominees re-elected with strong support; Horowitz got 143.5M for, 575k withheld.