Marchex grants stock options and restricted stock to three executive officers

MARCHEX INC

Russell Horowitz: 51,000 options + 51,000 restricted shares.
Ryan Polley: 50,000 options + 140,000 restricted shares.
Michael Arends: 59,000 options + 59,000 restricted shares.
Options vest 25% on first anniversary then quarterly over 4 years; restricted stock vests equally over 4 years.
Grants effective Jan 25, 2023 under 2021 Stock Incentive Plan.

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