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ZIFF DAVIS, INC. Director's Dealing 2010

Jun 3, 2010

31889_dirs_2010-06-03_66befc67-7e23-4a25-ab1f-6fd9a40959a4.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: J2 GLOBAL COMMUNICATIONS INC (JCOM)
CIK: 0001084048
Period of Report: 2010-06-02

Reporting Person: BECH DOUGLAS Y (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-06-02 Common Stock, $0.01 par value M 38298 $0.940 Acquired 155439 Direct
2010-06-02 Common Stock, $0.01 par value M 266 $1.030 Acquired 155705 Direct
2010-06-02 Common Stock, $0.01 par value M 12500 $1.170 Acquired 168205 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-06-02 Option to purchase Common Stock $0.940 D 38298 Disposed 2011-12-28 Common Stock, $0.01 par value (38298) Direct
2010-06-02 Option to purchase Common Stock $1.030 D 266 Disposed 2011-12-28 Common Stock, $0.01 par value (266) Direct
2010-06-02 Option to purchase Common Stock $1.170 D 12500 Disposed 2011-12-28 Common Stock, $0.01 par value (12500) 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: Stock options vested in three (3) equal annual installments, as follows: (i) for 798 shares, vesting commenced on March 28, 2002 and (ii) for 37,500 shares, vesting commenced on December 28, 2002.

F3: Stock options granted for services rendered; no value placed on services rendered.