Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
SCHULHOF MICHAEL
  2. Issuer Name and Ticker or Trading Symbol
J2 GLOBAL COMMUNICATIONS INC [JCOM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O J2 GLOBAL COMMUNICATIONS, 6922 HOLLYWOOD BLVD., 5TH FLOOR
3. Date of Earliest Transaction (Month/Day/Year)
03/13/2007
(Street)

LOS ANGELES, CA 90028
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, $0.01 par value 03/13/2007   M(3)   25,000 A $ 1.72 45,000 (1) D  
Common Stock, $0.01 par value 03/13/2007   M(3)   20,000 A $ 0.94 65,000 (1) D  
Common Stock, $0.01 par value 03/13/2007   M(3)   25,000 A $ 0.94 90,000 (1) D  
Common Stock, $0.01 par value 03/13/2007   M(3)   10,000 A $ 1.03 100,000 (1) D  
Common Stock, $0.01 par value 03/13/2007   M(3)   12,500 A $ 1.17 112,500 (1) D  
Common Stock, $0.01 par value 03/13/2007   S   25,000 D $ 27.38 87,500 (1) D  
Common Stock, $0.01 par value 03/13/2007   S   15,000 D $ 27.39 72,500 (1) D  
Common Stock, $0.01 par value 03/13/2007   S   20,000 D $ 27.44 52,500 (1) D  
Common Stock, $0.01 par value 03/13/2007   S   5,000 D $ 27.35 47,500 (1) D  
Common Stock, $0.01 par value 03/13/2007   S   5,000 D $ 27.41 42,500 (1) D  
Common Stock, $0.01 par value 03/13/2007   S   15,000 D $ 27.45 27,500 (1) D  
Common Stock, $0.01 par value 03/13/2007   S   7,500 D $ 27.51 20,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   M(3)   25,000 A $ 3.525 115,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   M(3)   50,000 A $ 9.545 165,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   M(3)   25,000 A $ 4.47 212,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   3,500 D $ 26.91 116,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   2,000 D $ 26.9638 114,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   7,500 D $ 26.98 107,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   2,500 D $ 27 104,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   13,500 D $ 27.01 91,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   8,000 D $ 27.02 83,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   2,500 D $ 27.0415 80,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   1,500 D $ 27.0427 79,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   5,000 D $ 27.05 74,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   2,500 D $ 27.06 71,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   2,000 D $ 27.08 69,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   1,500 D $ 27.0982 68,000 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   7,500 D $ 27,016 60,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   6,000 D $ 27.19 54,500 (1) D  
Common Stock, $0.01 par value 03/14/2007   S   2,000 D $ 27.2049 52,500 (1) (4) D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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)
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 Owners

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      

Signatures

 /s/ Michael P. Schulhof   03/15/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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.

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