Marchex director buys more shares of company stock

By Lisa Kerner

Charlotte, N.C., June 4 - Marchex Inc. board member Nicolas J. Hanauer bought an additional 304,600 shares of the company's class B common stock between May 27 and June 2 priced from $12.89 to $13.00.

The transactions were reported in a schedule 13D filing with the Securities and Exchange Commission.

Hanauer beneficially owns approximately 1.8 million shares, or 6.33%, of the Seattle online advertising company.

It was previously reported that Hanauer joined the Marchex board in October. He is the vice chairman of the board and the chair of the compensation committee and is also a member of the board's nominating and governance committee.

Hanauer bought 1,496,000 shares of the company's class B common stock for a total of $16.2 million between Nov. 13, 2007 and Feb. 27 using personal funds, a prior SEC filing reported.

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