4//SEC Filing
STOLLMAN ANDREW 4
Accession 0001104659-05-001470
CIK 0001000297other
Filed
Jan 13, 7:00 PM ET
Accepted
Jan 14, 1:58 PM ET
Size
16.0 KB
Accession
0001104659-05-001470
Insider Transaction Report
Form 4
TRAFFIX INCTRFX
STOLLMAN ANDREW
DirectorPresident & Secretary
Transactions
- Disposition to Issuer
Common Stock
2005-01-12$6.00/sh−6,000$35,985→ 700,232 total - Disposition to Issuer
Common Stock
2005-01-13$5.94/sh−3,600$21,393→ 696,632 total
Holdings
- 105,000
Options
Exercise: $5.70Exp: 2011-11-30→ Common Stock (105,000 underlying) - 8,750
Options
Exercise: $1.75Exp: 2005-09-30→ Common Stock (8,750 underlying) - 405,000
Options
Exercise: $7.34Exp: 2014-06-03→ Common Stock (405,000 underlying) - 45,000
Options
Exercise: $2.31Exp: 2011-04-09→ Common Stock (45,000 underlying) - 100,000
Options
Exercise: $6.75Exp: 2010-03-08→ Common Stock (100,000 underlying)
Footnotes (3)
- [F1]The sales reported hereby were made under a Rule 10b5-1 Selling Plan (the "Plan"), pursuant to which the Filer will be selling up to 200,000 shares of the Registrant's common stock, which sales, according to the Plan, are estimated to be completed over a period ending March 13, 2005 (subject to certain selling limitations contained in the Plan). The Plan provides that, in any event, no sales will be made later than March 31, 2005.
- [F2]These options were granted to Mr. Stollman pursuant to his entering into an amendment to his employment agreement. The right to purchase 75,000 shares became exercisable on 6/03/04 and the right to purchase 110,000 shares becomes exercisable upon Traffix, Inc. meeting certain financial criteria in the fiscal years ending November 30, 2005, 2006 and 2007, all as set forth in Mr. Stollman's employment agreement, as amended.
- [F3]These options are fully exercisable.
Documents
Issuer
TRAFFIX INC
CIK 0001000297
Entity typeother
Related Parties
1- filerCIK 0001007629
Filing Metadata
- Form type
- 4
- Filed
- Jan 13, 7:00 PM ET
- Accepted
- Jan 14, 1:58 PM ET
- Size
- 16.0 KB