SEC Form 4 · accession 0001178913-15-003671
MAGICJACK VOCALTEC LTD · CALL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jose Gordo
Officer — Chief Financial Officer
Period of report
Dec 1, 2015
Accepted (ET)
Dec 8, 2015 · 6:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001005699
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 1, 2015 | A | 192,926 | $0.00 | A | 272,916 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| employee stock optionF3 | $9.33 | Dec 1, 2015 | A | 499,307 | A | — | Dec 1, 2020 | Common stock | 499,307 | 499,307 | D |
| employee stock optionF4 | $17.63 | holding | — | — | — | — | Jul 2, 2023 | Common stock | 296,031 | 296,031 | D |
Explanation of responses
- F1Shares of restricted stock vest in one-third annual cumulative increments beginning December 31, 2016.
- F2This amount includes 27,634 shares of restricted stock that vest in one-third annual cumulative increments beginning December 31, 2013. This amount also includes 52,356 shares of restricted stock that vest in one-third annual cumulative increments beginning December 31, 2013, subject to the stock having a market value on each vesting date equal to or greater than $16.29 per share or vesting is suspended until such price is achieved over a five-day average.
- F3Options vest and become exercisable in one-third annual cumulative increments beginning December 31, 2016.
- F4Two-thirds of the options have vested and are currently exercisable. The remaining one-third vest and become exercisable on December 31, 2015.