X0304 4 2012-02-22 0001297336 ReachLocal Inc RLOC 0001491540 Hawkinson Alex 21700 OXNARD STREET, SUITE 1600 WOODLAND HILLS, CA 91367 1 Chief Product Officer Common Stock 2012-02-22 4 A 0 91914 0 A 157021 D Common Stock 2012-02-22 4 A 0 19523 0 A 39281 I See Footnote Common Stock 2012-02-22 4 S 0 22979 7.4083 D 134042 D Common Stock was issued to the reporting person in connection with ReachLocal, Inc.'s acquisition of SMB:LIVE Corporation (the "Acquisition"), in an exempt transaction under Rule 16b-3(d). Common Stock was issued to Mural Ventures Corporation ("Mural") in connection with the Acquisition, in an exempt transaction under Rule 16b-3(d). The reporting person is a director and the majority stockholder of Mural's capital stock. The reporting person disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 9, 2011. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.28 to $7.57, inclusive. The reporting person undertakes to provide to ReachLocal, Inc., any security holder of ReachLocal, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein. /s/ Adam F. Wergeles, by power of attorney for Alex Hawkinson 2012-02-22