SEC Form 4 · accession 0001178913-17-002211
MAGICJACK VOCALTEC LTD · CALL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don Carlos Bell III
Officer — President and CEO · Director
Period of report
Jul 31, 2017
Accepted (ET)
Aug 1, 2017 · 4:30 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| Ordinary sharesF1 | May 8, 2017 | A | 149,068 | $0.00 | A | 149,068 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F3 | $9.51 | May 8, 2017 | A | 1,883,165 | A | — | May 8, 2022 | Ordinary Shares | 1,883,165 | 1,883,165 | D |
Explanation of responses
- F1Restricted shares granted to the Reporting Person on May 8, 2017 subject to shareholder approval, which approval was obtained at a special meeting of shareholders held on July 31, 2017. The restricted shares vest ratably over three years commencing on May 8, 2018.
- F2Option granted to the Reporting Person on May 8, 2017 subject to shareholder approval, which approval was obtained at a special meeting of shareholders held on July 31, 2017.
- F3The option vests ratably over three years commencing on May 8, 2018.