SEC Form 4

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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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* Edenbrook Capital, LLC (Last) (First) (Middle) 2 DEPOT PLAZA 4TH FL (Street) BEDFORD HILLS NY 10507 (City) (State) (Zip)	2. Issuer Name and Ticker or Trading Symbol MARCHEX INC [ MCHX ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director X 10% Owner Officer (give title below) Other (specify below)
	3. Date of Earliest Transaction (Month/Day/Year) 10/24/2019
	4. If Amendment, Date of Original Filed (Month/Day/Year)	6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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
Class B common stock, par $0.01 ('Common Stock')	10/24/2019		P		1,677	A	$3.07	4,888,838	I	See footnotes(1)(3)
Common Stock	10/25/2019		P		52,646	A	$3.1	4,941,484	I	See footnotes(1)(3)
Common Stock	10/25/2019		P		200	A	$3.05	4,941,684	I	See footnotes(1)(3)
Common Stock								948,263	I	See footnotes(2)(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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
Call Option(Right to Buy)	$4.5							08/12/2019	06/19/2020	Common Stock	42,500		425(6)	I	See Footnote(1)(3)
Call Option(Right to Buy)	$4.5							08/12/2019	06/19/2020	Common Stock	7,500		75(7)	I	See Footnote(2)(3)
Put Option (Obligation to Buy)	$3							08/09/2019	06/19/2020	Common Stock	255,000		2,550(4)	I	See footnote(1)(3)
Put Option (Obligation to Buy)	$3							08/09/2019	06/19/2020	Common Stock	45,000		450(5)	I	See footnote(2)(3)
Put Option (Obligation to Buy)	$3.5							08/08/2019	03/20/2020	Common Stock	255,000		2,550(4)	I	See footnote(1)(3)
Put Option (Obligation to Buy)	$3.5							08/08/2019	03/20/2020	Common Stock	45,000		450(5)	I	See footnote(2)(3)
Put Option (Obligation to buy)	$3.5							06/04/2019	12/20/2019	Common Stock	124,500		1,245(4)	I	See footnote(1)(3)
Put Option (Obligation to Buy)	$4							06/04/2019	12/20/2019	Common Stock	124,500		1,245(4)	I	See footnote(1)(3)
Put Option (Obligation to buy)	$3.5							06/04/2019	12/20/2019	Common Stock	25,500		255(5)	I	See footnote(2)(3)
Put Option (Obligation to buy)	$4							06/04/2019	12/20/2019	Common Stock	25,500		255(5)	I	See footnote(2)(3)

1. Name and Address of Reporting Person* Edenbrook Capital, LLC (Last) (First) (Middle) 2 DEPOT PLAZA 4TH FL (Street) BEDFORD HILLS NY 10507 (City) (State) (Zip)

1. Name and Address of Reporting Person* EDENBROOK LONG ONLY VALUE FUND, LP (Last) (First) (Middle) 2 DEPOT PLAZA 4TH FL (Street) BEDFORD HILLS NY 10507 (City) (State) (Zip)

1. Name and Address of Reporting Person* Brolin Jonathan (Last) (First) (Middle) 2 DEPOT PLAZA, 4TH FLOOR (Street) BEDFORD HILLS NY 10507 (City) (State) (Zip)

Explanation of Responses:

1. 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.

2. 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.

3. 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.

4. As previously disclosed, Edenbrook Long Only Value Fund, LP wrote 2,490, 2550 and 2550 put option contracts expiring in December 2019, March 2020 and June 2020, respectively, 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.

5. As previously disclosed, a private fund managed by Edenbrook Capital, LLC wrote 510, 450 and 450 put option contracts expiring in December 2019, March 2020 and June 2020, respectively, 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.

6. As previously disclosed, Edenbrook Long Only Value Fund, LP bought 425 call option contracts expiring in June 2020 which provide that Edenbrook Long Only Value Fund, LP will have the right to purchase shares of common stock at the stated strike price.

7. As previously disclosed, a private fund managed by Edenbrook Capital, LLC bought 75 call option contracts expiring in June 2020 which provide that the private fund will have the right to purchase shares of common stock at the stated price.

	Edenbrook Capital, LLC; By: /s/ Jonathan Brolin, Managing Member	10/28/2019
	/s/ Jonathan Brolin	10/28/2019
	Edenbrook Long Only Value Fund, LP, By: /s/ Jonathan Brolin, Managing Member of Edenbrook Capital Partners, LLC	10/28/2019
	** 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).
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