X0305 4 2012-06-22 false 0001298978 Market Leader, Inc. LEDR 0001306201 Morris Ian H 11332 NE 122ND WAY, SUITE 200 KIRKLAND WA 98034 true true false false CEO Common Stock 2012-06-22 4 M false 455 2.5 A 524457 D Common Stock 2012-06-22 4 S false 455 4.91 D 524002 D Option (Right to Buy) 2.5 2012-06-22 4 M false 455 2.5 D 2004-06-01 2013-06-25 Common Stock 395000 154545 D The exercise was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. Jacqueline Davidson, CFO 2012-06-26