secwatch.observer — SEC 8-K summary
======================================

Issuer:     MARCHEX INC (MCHX)
CIK:        0001224133
Form:       8-K
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0001564590-22-033194
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 1.01, 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Marchex grants equity to directors; stockholders re-elect all nominees at 2022 annual meeting
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1224133/000156459022033194/0001564590-22-033194-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1224133/000156459022033194/mchx-8k_20220929.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-033194

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer