FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

House Lori

2. Date of Event Requiring Statement (MM/DD/YYYY)
3/20/2014 

3. Issuer Name and Ticker or Trading Symbol

LOOKSMART LTD [LOOK]

(Last)        (First)        (Middle)

C/O LOOKSMART, LTD., 49 GEARY STREET, SUITE 235

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Principal Fin & Acctg Officer /

(Street)

SAN FRANCISCO, CA 94108       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)     (1) 7/25/2018   Common Stock   3333   $4.50   D    
Employee Stock Option (right to buy)     (2) 7/2/2019   Common Stock   1667   $2.67   D    

Explanation of Responses:
( 1)  The 3,333 options were issued pursuant to the LookSmart, Ltd 2007 Equity Incentive Plan on July 25, 2011. The options vest as follows: 25% vest on the first anniversary of the grant date, with the remaining 75% vesting pro rata over the next 36 months following the anniversary date.
( 2)  The 1,667 options were issued pursuant to the LookSmart, Ltd 2007 Equity Incentive Plan on July 2, 2012. The options vest as follows: 25% vest on July 25, 2012, with the remaining 75% vesting pro rata over the next 36 months following July 25, 2012.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
House Lori
C/O LOOKSMART, LTD.
49 GEARY STREET, SUITE 235
SAN FRANCISCO, CA 94108


Principal Fin & Acctg Officer

Signatures
/s/ Lori House 3/26/2014
** 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 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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