FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ReachLocal Inc [ RLOC ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/31/2016 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock(1) | 03/31/2016 | A | 1,039 | A | $0 | 8,127 | D | |||
Common Stock(1) | 03/31/2016 | A | 5,944(2) | A | $0 | 12,587,036(2) | I | See footnote(3) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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1. Name and Address of Reporting Person*
(Street)
Relationship of Reporting Person(s) to Issuer
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Explanation of Responses: |
1. Common stock was issued to Mr. Salzman in his capacity as a director pursuant to the ReachLocal, Inc. Director Stock Plan in lieu of retainer fees of $12,500 in an exempt transaction under Rule 16b-3(d). |
2. Includes 46,515 shares directly held by VantagePoint Management, Inc., 237,775 shares of common stock of the issuer directly held by VantagePoint Venture Partners III, L.P., 1,952,995 shares directly held by VantagePoint Venture Partners III (Q), L.P., 846,099 shares directly held by VantagePoint Venture Partners IV, L.P., 8,451,641 shares directly held by VantagePoint Venture Partners IV (Q), L.P., 30,789 shares directly held by VantagePoint Venture Partners IV Principals Fund, L.P., and 1,021,222 shares directly held by VantagePoint Venture Partners 2006 (Q), L.P. Mr. Salzman disclaims beneficial ownership of such securities and this report shall not be deemed an admission that he is the beneficial owner of such securities, except to the extent of his pecuniary interest therein. |
3. Mr. Salzman is a managing member of the general partners of the following limited partnerships that directly hold common stock of the issuer: VantagePoint Venture Partners III, L.P., VantagePoint Venture Partners III (Q), L.P., VantagePoint Venture Partners IV, L.P., VantagePoint Venture Partners IV (Q), L.P., VantagePoint Venture Partners IV Principals Fund, L.P., and VantagePoint Venture Partners 2006 (Q), L.P. Mr. Salzman has acquired beneficial ownership of 1,039 shares of common stock reported herein and VantagePoint Management, Inc. has acquired beneficial ownership of 5,944 shares of common stock reported herein. As the Chief Executive Officer of VantagePoint Management, Inc., Mr. Salzman has the investment power with respect to the securities reported herein, and Mr. Salzman disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein. |
/s/ Alan E. Salzman | 04/04/2016 | |
/s/ VantagePoint Management, Inc. By: Alan E. Salzman, Chief Executive Officer | 04/04/2016 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |