Marchex director buys nearly 1.5 million shares of company stock

By Lisa Kerner

Charlotte, N.C., April 15 - Marchex Inc. board member Nicolas J. Hanauer bought 1,496,000 shares of the company's class B common stock for a total of $16.2 million between Nov. 13 and Feb. 27 using personal funds.

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

Hanauer joined the board of the Seattle online advertising company 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, the filing said.

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