X0304 4 2011-12-09 0 0001259550 LOCAL.COM LOCM 0001306012 Clarke Heath B 7555 IRVINE CENTER DRIVE IRVINE CA 92618 1 1 0 0 CEO and Chairman Common Stock 2011-12-09 4 A 0 13200 0 A 15500 D Common Stock 2011-12-09 4 A 0 11000 0 A 26500 D Stock option (right to buy) 2.29 2011-12-09 4 A 0 77000 2.29 A 2021-12-09 Common Stock 77000 77000 D Stock option (right to buy) 2.29 2011-12-09 4 A 0 27500 2.29 A 2021-12-09 Common Stock 27500 27500 D Common stock represents the underlying security of restricted stock units granted to the reporting person, each restricted stock unit representing a contingent right to receive one share of Local.com Corporation common stock. The restricted stock units vest in 3 equal installments on January 1, 2013, January 1, 2014, and January 1, 2015, provided, however, that no restricted stock unit shall vest on such vesting date unless the reporting person has been continuously employed by Local.com Corporation from the grant date until such vesting date. Common stock represents the underlying security of restricted stock units granted to the reporting person, each restricted stock unit representing a contingent right to receive one share of Local.com Corporation common stock. The restricted stock units vest in 3 equal installments on January 1, 2014, January 1, 2015, and January 1, 2016, provided, however, that no restricted stock unit shall vest on such vesting date unless the reporting person has been continuously employed by Local.com Corporation from the grant date until such vesting date. Vests 33.33% on December 9, 2012, and the remainder vests each quarter over the next 8 quarters commencing after December 9, 2012. Vests 33.33% on December 9, 2013, and the remainder vests each quarter over the next 8 quarters commencing after December 9, 2013. /s/ Heath B. Clarke 2011-12-09