ZIFF DAVIS, INC. — Director's Dealing 2010

Dec 10, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: J2 GLOBAL COMMUNICATIONS INC (JCOM)
CIK: 0001084048
Period of Report: 2010-12-08

Reporting Person: ZUCKER NEHEMIA (Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-08	Common Stock, $0.01 par value	M	13306	$18.765	Acquired	187746	Direct
2010-12-08	Common Stock, $0.01 par value	S	13306	$30.3319	Disposed	174440	Direct
2010-12-09	Common Stock, $0.01 par value	M	38136	$18.765	Acquired	212576	Direct
2010-12-09	Common Stock, $0.01 par value	S	38136	$30.0258	Disposed	174440	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-08	Option to purchase Common Stock	$18.765	M	13306	Disposed	2015-08-31	Common Stock, $0.01 par value (13306)	Direct
2010-12-09	Option to purchase Common Stock	$18.765	M	38136	Disposed	2015-08-31	Common Stock, $0.01 par value (38136)	Direct

Footnotes

F1: These shares were acquired upon exercise of stock options under the Issuer's Second Amended and Restated 1997 Stock Option Plan identified as exercised in Part II of this Form 4.

F2: Reflects aggregate reporitng of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $30.20 to $30.61 per share. The Reporitng Person hereby undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F3: Includes 142,250 shares of restricted stock which remain subject to vesting.

F4: Reflects aggregate reporitng of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $29.99 to $30.21 per share. The Reporitng Person hereby undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.

F5: In accordance with the Issuer's Second Amended and Restated 1997 Stock Option Plan, 7,978 shares vested on August 31, 2008 and 5,328 shares vested on August 31, 2010.

F6: Employee stock option granted for services rendered, no value placed on services rendered.

F7: In accordance with the Issuer's Second Amended and Restated 1997 Stock Option Plan, 11,007 shares vested on August 31, 2008 and 27,129 shares vested on August 31, 2009.