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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Option to purchase Common Stock | $ 1.72 | 03/13/2007 | M | 25,000 | 07/12/2004 | 07/12/2010 | Common Stock, $0.01 par value | 25,000 | $ 0 (2) | 277,500 | D | ||||
Option to purchase Common Stock | $ 0.94 | 03/13/2007 | M | 20,000 | 03/28/2004 | 12/28/2011 | Common Stock, $0.01 par value | 20,000 | $ 0 (2) | 257,500 | D | ||||
Option to purchase Common Stock | $ 0.94 | 03/13/2007 | M | 25,000 | 12/28/2004 | 12/28/2011 | Common Stock, $0.01 par value | 25,000 | $ 0 (2) | 232,500 | D | ||||
Option to purchase Common Stock | $ 1.03 | 03/13/2007 | M | 10,000 | 03/28/2005 | 12/28/2011 | Common Stock, $0.01 par value | 10,000 | $ 0 (2) | 222,500 | D | ||||
Option to purchase Common Stock | $ 1.17 | 03/13/2007 | M | 12,500 | 12/28/2005 | 12/28/2011 | Common Stock, $0.01 par value | 12,500 | $ 0 (2) | 221,000 | D | ||||
Option to purchase Common Stock | $ 3.525 | 03/14/2007 | M | 25,000 | 06/25/2004 | 06/25/2012 | Common Stock, $0.01 par value | 25,000 | $ 0 (2) | 185,000 | D | ||||
Option to purchase Common Stock | $ 9.545 | 03/14/2007 | M | 50,000 | 03/24/2006 | 03/24/2014 | Common Stock, $0.01 par value | 50,000 | $ 0 (2) | 135,000 | D | ||||
Option to purchase Common Stock | $ 4.47 | 03/14/2007 | M | 25,000 | 06/25/2006 | 06/25/2012 | Common Stock, $0.01 par value | 25,000 | $ 0 (2) | 110,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SCHULHOF MICHAEL C/O J2 GLOBAL COMMUNICATIONS 6922 HOLLYWOOD BLVD., 5TH FLOOR LOS ANGELES, CA 90028 |
X |
/s/ Michael P. Schulhof | 03/15/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Includes 20,000 shares of restricted stock awarded on August 31, 2005 under the Issuer's Second Amended and Restated 1997 Stock Option Plan. The restricted shares are subject to a five-year restricted period which commences on the date of award with restrictions lapsing as to 10% of the shares on the first anniversary of the date of award, 15% of the shares on the second anniversary, 20% on the third, 25% on the fourth, and 30% on the fifth anniversary of the date of the award. |
(2) | Employee stock option granted for services rendered, no value placed on services rendered. |
(3) | These shares were acquired upon exercise of stock options under the Issuer's 1997 Stock Option Plan identified as exercised in Part II of this Form 4. |
(4) | More than 30 transactions are to be reported on this Form 4 but due to the limits set by the SEC on the number of transaction reportable on a single Form 4 an additional Form 4 will be subsequently filed to report the additional transactions. |