X0306 4 2019-07-22 0001224133 MARCHEX INC MCHX 0001666682 Edenbrook Capital, LLC 2 DEPOT PLAZA 4TH FL BEDFORD HILLS NY 10507 0 0 1 0 0001665975 EDENBROOK LONG ONLY VALUE FUND, LP 2 DEPOT PLAZA 4TH FL BEDFORD HILLS NY 10507 0 0 1 0 0001712127 Brolin Jonathan 2 DEPOT PLAZA, 4TH FLOOR BEDFORD HILLS NY 10507 0 0 1 0 Class B common stock, par $0.01 ('Common Stock') 2019-07-22 4 P 0 1500 4.25 A 4490940 I See footnotes Common Stock 2019-07-23 4 P 0 31580 4.2965 A 4522520 I See footnotes Common Stock 948263 I See footnotes Put Option (Obligation to buy) 3.50 2019-06-04 2019-12-20 Common Stock 124500 1245 I See footnote Put Option (Obligation to Buy) 4.00 2019-06-04 2019-12-20 Common Stock 124500 1245 I See footnote Put Option (Obligation to buy) 3.50 2019-06-04 2019-12-20 Common Stock 25500 255 I See footnote Put Option (Obligation to buy) 4.00 2019-06-04 2019-12-20 Common Stock 25500 255 I See footnote These securities are held in the account of Edenbrook Long Only Value Fund, LP, a private fund managed by Edenbrook Capital, LLC and may be deemed to be beneficially owned by Edenbrook Capital, LLC by virtue of its role as the investment manger of such private fund. In addition, Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC. These securities are held in the account of a private fund managed by Edenbrook Capital, LLC and may be deemed to be beneficially owned by Edenbrook Capital, LLC by virtue of its role as the investment manager of such private fund. In addition, Jonathan Brolin may be deemed to be a beneficial owner of such securities by virtue of his role as managing member of Edenbrook Capital, LLC. Each Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of its or his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. As previously disclosed, Edenbrook Long Only Value Fund, LP wrote 2,490 put option contracts expiring in December 2019 which provide that Edenbrook Long Only Value Fund, LP will be required to purchase shares of common stock at the stated strike price if the counterparty exercises such put options. As previously disclosed, a private fund managed by Edenbrook Capital, LLC wrote 510 put option contracts expiring in December 2019 which provide that the private fund will be required to purchase shares of common stock at the stated strike price if the counterparty exercises such put options. Edenbrook Capital, LLC; By: /s/ Jonathan Brolin, Managing Member 2019-07-23 /s/ Jonathan Brolin 2019-07-23 Edenbrook Long Only Value Fund, LP, By: /s/ Jonathan Brolin, Managing Member of Edenbrook Capital Partners, LLC 2019-07-23