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ZIFF DAVIS, INC. — Director's Dealing 2011
May 10, 2011
31889_dirs_2011-05-10_72352b4a-f122-4c3a-a52f-a20a7256471e.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: 2011-05-06
Reporting Person: BECH DOUGLAS Y (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-05-06 | Common Stock, $0.01 par value | M | 25000 | $3.525 | Acquired | 193205 | Direct |
| 2011-05-06 | Common Stock, $0.01 par value | M | 100000 | $9.545 | Acquired | 293205 | Direct |
| 2011-05-06 | Common Stock, $0.01 par value | M | 60000 | $18.765 | Acquired | 353205 | Direct |
| 2011-05-06 | Common Stock, $0.01 par value | M | 25000 | $4.47 | Acquired | 378205 | Direct |
| 2011-05-06 | Common Stock, $0.01 par value | S | 79000 | $29.2449 | Disposed | 299205 | Direct |
| 2011-05-09 | Common Stock, $0.01 par value | S | 52440 | $29.2801 | Disposed | 246765 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2011-05-06 | Option to purchase Common Stock | $3.525 | M | 25000 | Disposed | 2012-06-25 | Common Stock, $0.01 par value (25000) | Direct |
| 2011-05-06 | Option to purchase Common Stock | $9.545 | M | 100000 | Disposed | 2014-03-24 | Common Stock, $0.01 par value (100000) | Direct |
| 2011-05-06 | Option to purchase Common Stock | $18.765 | M | 60000 | Disposed | 2015-08-31 | Common Stock, $0.01 par value (100000) | Direct |
| 2011-05-06 | Option to purchase Common Stock | $4.47 | M | 25000 | Disposed | 2012-06-25 | Common Stock, $0.01 par value (25000) | 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: Includes 20,442 shares of restricted stock which remain subject to vesting
F3: Reflects aggregate reporting of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $29.00 to $29.56 per share. The Reporting 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: Reflects aggregate reporting of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $29.00 to $29.48 per share. The Reporting 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: Stock options vested in two equal annual installments of 12,500 options each, commencing on June 25, 2003.
F6: Stock options granted for services rendered; no value placed on services rendered.
F7: Stock options vested in four equal annual installments of 25,000 options each, commencing on March 24, 2005.
F8: Stock options vested in five equal annual installments of 12,000 options each, commencing on August 31, 2006.
F9: Stock options vested in two equal annual installments of 12,500 options each, commencing on June 25, 2005.