0001437749-16-037041.txt : 20160810
0001437749-16-037041.hdr.sgml : 20160810
20160810164609
ACCESSION NUMBER: 0001437749-16-037041
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160808
FILED AS OF DATE: 20160810
DATE AS OF CHANGE: 20160810
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ReachLocal Inc
CENTRAL INDEX KEY: 0001297336
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311]
IRS NUMBER: 200498783
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 21700 OXNARD STREET, SUITE 1600
CITY: WOODLAND HILLS
STATE: CA
ZIP: 91367
BUSINESS PHONE: 8189369906
MAIL ADDRESS:
STREET 1: 21700 OXNARD STREET, SUITE 1600
CITY: WOODLAND HILLS
STATE: CA
ZIP: 91367
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Landsbaum Ross
CENTRAL INDEX KEY: 0001341798
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34749
FILM NUMBER: 161822016
MAIL ADDRESS:
STREET 1: C/O PANAVISION INC.
STREET 2: 6219 DE SOTO AVENUE
CITY: WOODLAND HILLS
STATE: CA
ZIP: 91367
4
1
rdgdoc.xml
FORM 4
X0306
4
2016-08-08
1
0001297336
ReachLocal Inc
RLOC
0001341798
Landsbaum Ross
21700 OXNARD STREET
SUITE 1600
WOODLAND HILLS,
CA
91367
1
Chief Financial Officer
Common Stock
2016-08-08
4
U
0
70961
4.60
D
0
D
Restricted Stock Units
2016-08-09
4
D
0
40000
4.60
D
Common Stock
40000
0
D
Stock Option (right to buy)
2.70
2016-08-09
4
D
0
125000
4.60
D
2022-05-06
Common Stock
125000
0
D
Stock Option (right to buy)
1.95
2016-08-09
4
D
0
90000
4.60
D
2023-02-28
Common Stock
90000
0
D
Each restricted stock unit represents a contingent right to receive one share of ReachLocal, Inc. common stock.
Pursuant to the agreement and plan of merger dated June 27, 2016, by and among ReachLocal, Inc., Gannett Co., Inc., and Raptor Merger Sub, Inc., at the closing of the merger each outstanding restricted stock unit became fully vested and was cancelled in exchange for the right to receive in cash an amount equal to $4.60.
The restricted stock units were to vest according to the following schedule: 25% on the first anniversary of the March 28, 2016 vesting start date and quarterly over the subsequent 12 quarters. The restricted stock units were to be completely vested on the fourth anniversary of the vesting start date.
Pursuant to the agreement and plan of merger dated June 27, 2016, by and among ReachLocal, Inc., Gannett Co., Inc., and Raptor Merger Sub, Inc., at the closing of the merger each outstanding and unexercised stock option became fully vested and was cancelled in exchange for the right to receive in cash an amount equal to the product of (i) the total number of shares of ReachLocal common stock subject to the stock option, multiplied by (ii) the excess, if any, of $4.60 over the exercise price of the option.
/s/ Tenlay Naliboff, by power of attorney for Ross G. Landsbaum
2016-08-10