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
LOCAL.COM [ LOCM ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/10/2007 | ||||||||||||||||||||||||||
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 | 07/10/2007 | S | 11,100 | D | $9.56 | 2,244,578 | D(1) | |||
Common Stock | 07/10/2007 | S | 5,200 | D | $9.57 | 2,239,378 | D(1) | |||
Common Stock | 07/10/2007 | S | 3,420 | D | $9.58 | 2,235,958 | D(1) | |||
Common Stock | 07/10/2007 | S | 480 | D | $9.59 | 2,235,478 | D(1) | |||
Common Stock | 07/10/2007 | S | 3,403 | D | $9.6 | 2,232,075 | D(1) | |||
Common Stock | 07/10/2007 | S | 697 | D | $9.61 | 2,231,378 | D(1) | |||
Common Stock | 07/10/2007 | S | 100 | D | $9.62 | 2,231,278 | D(1) | |||
Common Stock | 07/10/2007 | S | 200 | D | $9.63 | 2,231,078 | D(1) | |||
Common Stock | 07/10/2007 | S | 1,500 | D | $9.69 | 2,229,578 | D(1) | |||
Common Stock | 07/10/2007 | S | 53,200 | D | $9.7 | 2,176,378 | D(1) | |||
Common Stock | 07/10/2007 | S | 500 | D | $9.8 | 2,175,878 | D(1) | |||
Common Stock | 07/10/2007 | S | 300 | D | $9.81 | 2,175,578 | D(1) | |||
Common Stock | 07/10/2007 | S | 2,200 | D | $9.82 | 2,173,378 | D(1) | |||
Common Stock | 07/10/2007 | S | 1,500 | D | $9.83 | 2,171,878 | D(1) | |||
Common Stock | 07/10/2007 | S | 1,700 | D | $9.84 | 2,170,178 | D(1) | |||
Common Stock | 07/10/2007 | S | 1,100 | D | $9.86 | 2,169,078 | D(1) | |||
Common Stock | 07/10/2007 | S | 1,600 | D | $9.88 | 2,167,478 | D(1) | |||
Common Stock | 07/10/2007 | S | 3,100 | D | $9.89 | 2,164,378 | D(1) | |||
Common Stock | 07/10/2007 | S | 2,300 | D | $9.9 | 2,162,078 | D(1) | |||
Common Stock | 07/10/2007 | S | 2,725 | D | $9.91 | 2,159,353 | D(1) | |||
Common Stock | 07/10/2007 | S | 2,030 | D | $9.92 | 2,157,323 | D(1) | |||
Common Stock | 07/10/2007 | S | 1,475 | D | $9.93 | 2,155,848 | D(1) | |||
Common Stock | 07/10/2007 | S | 970 | D | $9.94 | 2,154,878 | D(1) | |||
Common Stock | 07/10/2007 | S | 2,400 | D | $9.95 | 2,152,478 | D(1) | |||
Common Stock | 07/10/2007 | S | 3,300 | D | $9.96 | 2,149,178 | D(1) | |||
Common Stock | 07/10/2007 | S | 2,300 | D | $9.98 | 2,146,878 | D(1) | |||
Common Stock | 07/10/2007 | S | 100 | D | $9.99 | 2,146,778 | D(1) | |||
Common Stock | 07/10/2007 | S | 32,282 | D | $10 | 2,114,496 | D(1) | |||
Common Stock | 07/10/2007 | S | 13,200 | D | $10.01 | 2,101,296 | D(1) | |||
Common Stock | 07/10/2007 | S | 15,254 | D | $10.02 | 2,086,042 | D(1) |
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 |
Explanation of Responses: |
1. Pursuant to Rule 16 of the Securities Exchange Act of 1934 (the "Exchange Act"), Hearst Communications, Inc. is the beneficial owner of such common stock of Local.com Corporation (the "Common Stock"). Hearst Communications, Inc. is a subsidiary of Hearst Magazines Property, Inc. ("Hearst Magazines") and Hearst Holdings, Inc. ("Hearst Holdings"). Hearst Magazines is a wholly-owned subsidiary of Communications Data Services, Inc. ("CDS"). CDS is a wholly-owned subsidiary of Hearst Holdings. Hearst Holdings is a wholly-owned subsidiary of The Hearst Corporation ("Hearst"). The Hearst Family Trust (the "Trust") is the sole shareholder of Hearst. By reason of the provisions of Rule 16a-1 of the Exchange Act, Hearst Magazines, CDS, Hearst Holdings, Hearst, and the Trust may be deemed to be the beneficial owners of the Common Stock. |
Remarks: |
Joint Filers Dated: July 12, 2007 HEARST MAGAZINES PROPERTY, INC. By: /s/ James M. Asher Name: James M. Asher Title: Vice President Dated: July 12, 2007 COMMUNICATIONS DATA SERVICES, INC. By: /s/ James M. Asher Name: James M. Asher Title: Vice President Dated: July 12, 2007 HEARST HOLDINGS, INC. By: /s/ James M. Asher Name: James M. Asher Title: Senior Vice President Dated: July 12, 2007 THE HEARST CORPORATION By: /s/ James M. Asher Name: James M. Asher Title: Senior Vice President Dated: July 12, 2007 THE HEARST FAMILY TRUST By: /s/ Frank A. Bennack, Jr. Name: Frank A. Bennack, Jr. Title: Trustee |
James M. Asher | 07/10/2007 | |
** 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. |