Marchex President Sells 22,000 Shares
2008 March 11
The president and CEO of Marchex, John Keistersold, sold 22,000 shares of common stock under a prearranged trading plan for $9.05 apiece.The stock sale was conducted under a prearranged 10b5-1 trading plan which allows a company insider to set up a program in advance for such transactions and proceed with them even if he or she comes into possession of material nonpublic information.
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