4//SEC Filing
TRAFFIX INC 4
Accession 0001104659-05-006944
CIK 0001000297operating
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 12:41 PM ET
Size
14.5 KB
Accession
0001104659-05-006944
Insider Transaction Report
Form 4
TRAFFIX INCTRFX
STOLLMAN ANDREW
DirectorPresident & Secretary
Transactions
- Sale
Common Stock
2005-02-14$7.10/sh−25,000$177,618→ 671,632 total
Holdings
- 8,750
Options
Exercise: $1.75Exp: 2005-09-30→ Common Stock (8,750 underlying) - 105,000
Options
Exercise: $5.70Exp: 2011-11-30→ Common Stock (105,000 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) - 405,000
Options
Exercise: $7.34Exp: 2014-06-03→ Common Stock (405,000 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 typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001000297
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 12:41 PM ET
- Size
- 14.5 KB