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ZIFF DAVIS, INC. — Director's Dealing 2011
Aug 5, 2011
31889_dirs_2011-08-05_f479c5c7-720e-4d8e-a8d4-af40e6772c66.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: 2011-08-03
Reporting Person: ZUCKER NEHEMIA (Chief Executive Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-08-03 | Common Stock $0.01 Par Value | M | 22687 | $17.19 | Acquired | 164062 | Direct |
| 2011-08-03 | Common Stock $0.01 Par Value | S | 22687 | $31.0287 | Disposed | 141375 | Direct |
| 2011-08-03 | Common Stock $0.01 Par Value | F | 453 | $30.28 | Disposed | 140922 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-08-03 | Options to Purchase Common Stock | $17.19 | M | 22687 | Disposed | 2019-03-05 | Common Stock $0.01 Par Value (22687) | Direct |
Footnotes
F1: These shares were acquired upon exercise of stock options under the Issuer's 2007 Stock Plan identified as exercised in Part II of this Form 4.
F2: Includes 117,750 shares of restricted stock which remain subject to vesting.
F3: Reflects aggregate reporitng of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $30.99 to $31.29 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.
F4: Payment for a tax liability by withholding securities incident to vesting of a certain restricted stock award under the Issuer's 2007 Stock Plan issued in accordance with Rule 16b-3 and exempt from short swing profits.
F5: The Stock Options vest in five (5) equal annual installments commencing March 5, 2010.
F6: Employee stock option granted for services rendered, no value placed on services rendered.