4//SEC Filing
Bertz Robert 4
Accession 0001415889-25-007660
CIK 0001389002other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 4:23 PM ET
Size
9.5 KB
Accession
0001415889-25-007660
Insider Transaction Report
Form 4
Bertz Robert
CFO
Transactions
- Tax Payment
Common Stock
2025-03-07$1.56/sh−2,910$4,540→ 17,294 total - Exercise/Conversion
Common Stock
2025-03-07+7,083→ 20,204 total - Exercise/Conversion
Restricted Stock Units (RSU)
2025-03-07−7,083→ 0 total→ Common Stock (7,083 underlying)
Footnotes (3)
- [F1]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. The shares reported as disposed of were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units ("RSUs"). The Reporting Person did not sell or otherwise dispose of any of the shares reported on this Form 4 for any reason other than to cover required taxes.
- [F2]Each RSU represents a contingent right to receive one (1) share of the Issuer's common stock upon settlement.
- [F3]50% of the RSUs vest on each of March 7, 2024 and March 7, 2025, so long as the Reporting Person continues to provide services to the Issuer or any of its subsidiaries on each vesting date as provided in the Plan or the RSU Agreement. Shares of the Issuer's common stock will be delivered to the Reporting Person upon vesting. The RSUs have no expiration date.
Documents
Issuer
MARIN SOFTWARE INC
CIK 0001389002
Entity typeother
Related Parties
1- filerCIK 0001796238
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 4:23 PM ET
- Size
- 9.5 KB