UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.  20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934
(Amendment No.  __)*

MARCHEX, INC.

(Name of Issuer)

Class B Common Stock, par value $0.01 per share

(Title of Class of Securities)

56624R 10 8

(CUSIP Number)
Nicolas J. Hanauer
c/o Marchex, Inc.
413 Pine Street, Suite 500
Seattle, Washington 98101
(206) 331-3300 

(Name, Address and Telephone Number of Person Authorized to
Receive Notices and Communications)

February 27, 2008

(Date of Event Which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.  o

Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits.  See §§ 240.13d-7 for other parties to whom copies are to be sent.

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

CUSIP No.		56624R 10 8

(1) The Reporting Person owns these shares jointly with his spouse, Leslie Hanauer.

(2) Percentage calculation based on total number of the Issuer’s outstanding shares of Class B Common Stock as of April 4, 2008.

Item 1. Security and Issuer.

     This statement relates to shares of Class B Common Stock, $0.01 par value per share, of Marchex, Inc., a Delaware corporation (the “Issuer”). The address of the Issuer’s principal executive offices is 413 Pine Street, Suite 500, Seattle, Washington 98101.

Item 2. Identity and Background.

	a.		The Reporting Person filing this statement is Nicolas J. Hanauer.
	b.		The business address of the Reporting Person is: c/o Second Avenue Partners, 1000 Second Avenue, Suite 1200, Seattle, WA 98104
	c.		The Reporting Person is a partner at Second Avenue Partners (located at 1000 Second Avenue, Suite 1200, Seattle, WA 98104), which is a Seattle-based venture capital firm.
	d.		The Reporting Person, within the last five years, has not been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
	e.		The Reporting Person, during the last five years, has not been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, where as a result of such proceeding, he was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, United States federal or state securities laws or finding any violation with respect to such laws.
	f.		The Reporting Person is a citizen of the United States of America.

Item 3. Source and Amount of Funds or Other Consideration

     Between November 13, 2007 and February 27, 2008, the Reporting Person purchased an aggregate of 1,496,000 shares of the Issuer’s Class B Common Stock, par value $0.01 per share (the “Shares”), in open market transactions for an aggregate of $16,201,178.04, using personal funds.

Item 4. Purpose of the Transaction.

     The Reporting Person acquired the Shares (described in Item 3 above) for investment purposes. The Reporting Person joined the Issuer’s Board of Directors in October 2007. The Reporting Person currently serves as the Vice Chairman of the Board and the Chair of the Compensation Committee of the Board and also as a member of the Nominating and Governance Committee of the Board.

     The Reporting Person, subject to and depending upon availability of prices he deems favorable, may purchase additional Shares of the Issuer from time to time in the open market or in privately negotiated transactions with third parties. Additionally, the Reporting Person has adopted a 10b5-1 trading plan, which is described under Item 6. Further, while it is not the present intention of the Reporting Person to do so, he reserves the right to dispose of the Shares held by him in the open market or in privately negotiated transactions with third parties or otherwise, depending upon market conditions and other factors.

     Except as set forth herein, the Reporting Person has no current plans or proposals which relate to or would result in any of the following:

	(a)		The acquisition by any person of additional securities of the Issuer, or the disposition of securities of the Issuer;
	(b)		An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the Issuer or any of its subsidiaries;
	(c)		A sale or transfer of a material amount of assets of the Issuer or any of its subsidiaries;
	(d)		Any change in the present Board of Directors or management of the Issuer, including any plans or proposals to change the number or term of Directors or to fill any existing vacancies on the Board;
	(e)		Any material change in the present capitalization or dividend policy of the Issuer;
	(f)		Any other material change in the Issuer’s business or corporate structure including, but not limited to, if the Issuer is a registered closed-end investment company, any plans or proposals to make any changes in its investment policy for which a vote is required by Section 13 of the Investment Company Act of 1940;
	(g)		Changes in the Issuer’s charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the Issuer by any person;
	(h)		Causing a class of securities of the Issuer to be delisted from a national securities exchange or to cease to be authorized to be quoted in an inter-dealer quotation system of a registered national securities association;
	(i)		A class of equity securities of the Issuer becoming eligible for termination of registration pursuant to Section 12(g)(4) of the Securities Exchange Act of 1934, as amended; or
	(j)		Any action similar to any of those enumerated above.

Item 5.  Interest in Securities of the Issuer.

	(a)		The following table sets forth the aggregate number and percentage of the Issuer’s Class B Common Stock beneficially owned by the Reporting Person:

Reporting Person		Shares Beneficially Owned				Percentage
Nicolas J. Hanauer			1,496,000	(1)		5.13% (2)

(b)

The following table sets forth the number of Shares as to which the Reporting Person has (i) the sole power to vote or direct the voting of the Shares, (ii) the sole power to dispose or to direct the disposition of the Shares, (iii) shared power to vote or direct the voting of the Shares or (iv) shared power to dispose or direct the disposition of the shares:

Sole Voting

Sole Power of

Shared Voting

Shared Power

Reporting Person

Power

Disposition

Power

of Disposition

Nicolas J. Hanauer

0

0

1,496,000

(1)

1,496,000

(1)

(c)

As of January 1, 2008, the Reporting Person held 1,000,000 shares of the Issuer’s Class B Common Stock. The following table sets forth information about the Reporting Person’s purchases of additional shares since January 1, 2008:

										Number of Shares
		Number of								Beneficially Owned
Transaction		Shares				Price Per Share				Following the
Date		Purchased				($)				Transaction
2/21/2008			13,000				8.40				1,013,000
2/21/2008			5,000				8.42				1,018,000
2/21/2008			5,000				8.61				1,023,000
2/21/2008			100				8.63				1,023,100
2/21/2008			19,900				8.64				1,043,000
2/21/2008			5,000				8.65				1,048,000
2/21/2008			300				8.71				1,048,300
2/21/2008			4,700				8.72				1,053,000
2/21/2008			979				8.80				1,053,979
2/21/2008			3,280				8.81				1,057,259
2/21/2008			6,249				8.82				1,063,508
2/21/2008			11,371				8.83				1,074,879
2/21/2008			515				8.85				1,075,394
2/21/2008			2,200				8.86				1,077,594
2/21/2008			4,300				8.87				1,081,894

										Number of Shares
		Number of								Beneficially Owned
Transaction		Shares				Price Per Share				Following the
Date		Purchased				($)				Transaction
2/21/2008			1,000				8.88				1,082,894
2/21/2008			33				8.89				1,082,927
2/21/2008			10,100				8.90				1,093,027
2/21/2008			1,373				8.92				1,094,400
2/21/2008			3,000				8.93				1,097,400
2/21/2008			600				8.95				1,098,000
2/22/2008			1,704				8.26				1,099,704
2/22/2008			7,200				8.27				1,106,904
2/22/2008			100				8.28				1,107,004
2/22/2008			700				8.29				1,107,704
2/22/2008			23,400				8.30				1,131,104
2/22/2008			100				8.31				1,131,204
2/22/2008			15,295				8.32				1,146,499
2/22/2008			5,007				8.35				1,151,506
2/22/2008			200				8.36				1,151,706
2/22/2008			10,000				8.38				1,161,706
2/22/2008			34,294				8.50				1,196,000
2/25/2008			6,410				8.43				1,202,410
2/25/2008			2,498				8.44				1,204,908
2/25/2008			5,700				8.45				1,210,608
2/25/2008			35,000				8.46				1,245,608
2/25/2008			2,913				8.47				1,248,521
2/25/2008			8,679				8.48				1,257,200
2/25/2008			700				8.49				1,257,900
2/25/2008			21,300				8.50				1,279,200
2/25/2008			8,800				8.51				1,288,000
2/25/2008			400				8.55				1,288,400
2/25/2008			200				8.57				1,288,600
2/25/2008			7,400				8.58				1,296,000
2/26/2008			150				8.79				1,296,150
2/26/2008			3,290				8.80				1,299,440
2/26/2008			100				8.89				1,299,540
2/26/2008			7,560				8.90				1,307,100
2/26/2008			50				8.91				1,307,150
2/26/2008			5,705				8.95				1,312,855
2/26/2008			250				8.96				1,313,105
2/26/2008			1,500				8.98				1,314,605
2/26/2008			27,448				9.00				1,342,053
2/26/2008			500				9.13				1,342,553
2/26/2008			5,000				9.15				1,347,553
2/26/2008			200				9.17				1,347,753
2/26/2008			3,100				9.19				1,350,853
2/26/2008			5,501				9.20				1,356,354
2/26/2008			7,179				9.21				1,363,533
2/26/2008			8,520				9.23				1,372,053
2/26/2008			900				9.24				1,372,953
2/26/2008			2,673				9.25				1,375,626

										Number of Shares
		Number of								Beneficially Owned
Transaction		Shares				Price Per Share				Following the
Date		Purchased				($)				Transaction
2/26/2008			11,274				9.30				1,386,900
2/26/2008			4,900				9.31				1,391,800
2/26/2008			4,200				9.32				1,396,000
2/27/2008			2,500				8.92				1,398,500
2/27/2008			2,200				8.94				1,400,700
2/27/2008			2,900				8.95				1,403,600
2/27/2008			585				8.96				1,404,185
2/27/2008			300				8.97				1,404,485
2/27/2008			200				8.99				1,404,685
2/27/2008			21,315				9.00				1,426,000
2/27/2008			8,500				9.18				1,434,500
2/27/2008			6,400				9.19				1,440,900
2/27/2008			11,800				9.20				1,452,700
2/27/2008			4,200				9.21				1,456,900
2/27/2008			9,200				9.22				1,466,100
2/27/2008			3,500				9.24				1,469,600
2/27/2008			6,400				9.25				1,476,000
2/27/2008			10,000				9.27				1,486,000
2/27/2008			3,821				9.30				1,489,821
2/27/2008			1,130				9.32				1,490,951
2/27/2008			400				9.33				1,491,351
2/27/2008			3,670				9.34				1,495,021
2/27/2008			904				9.35				1,495,925
2/27/2008			75				9.36				1,496,000

	(d)		Not applicable.
	(e)		Not applicable.

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer.

     On October 29, 2007, in connection with the Reporting Person’s appointment to the Issuer’s Board of Directors as Vice Chairman, the Issuer granted the Reporting Person a non-qualified stock option pursuant to the Company’s 2003 Amended and Restated Stock Incentive Plan to purchase 300,000 shares of the Issuer’s Class B Common Stock. This option has an exercise price of $11.02 per share and a four-year vesting period, pursuant to which 25% will vest on October 29, 2008 and thereafter, one-twelfth of the remainder will vest in equal increments quarterly thereafter over the following three-year period. The vesting of this option would be accelerated in full upon a change in control. This option expires on October 29, 2017.

     On March 3, 2008, the Reporting Person and his spouse adopted a written trading plan with Piper Jaffray & Co. to purchase shares of the Issuer’s outstanding Class B common stock pursuant to Rule 10b5-1 under the Securities Exchange Act of 1934, as amended (the “Exchange

Act”). This Rule 10b5-1 trading plan provides for purchases of specified share amounts at specific market prices, subject to certain limitations and ends on the earlier of purchase of the specified aggregate share amount or July 1, 2008. The Rule 10b5-1 trading plan requires that such purchases be disclosed publicly through appropriate filings with the Securities and Exchange Commission. The Rule 10b5-1 trading plan was adopted in accordance with the Issuer’s Code of Conduct for all officers, directors and employees. Rule 10b5-1 permits the implementation of written, prearranged stock trading plans by insiders when the insiders are not in possession of material non-public information.

Item 7.  Materials to be Filed as Exhibits.

None.

SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.