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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.