4//SEC Filing
TRAFFIX INC 4
Accession 0001104659-05-031510
CIK 0001000297operating
Filed
Jul 6, 8:00 PM ET
Accepted
Jul 7, 3:51 PM ET
Size
16.1 KB
Accession
0001104659-05-031510
Insider Transaction Report
Form 4
TRAFFIX INCTRFX
SCHWARTZ JEFFREY L
DirectorChairman and CEO10% Owner
Transactions
- Sale
Common Stock
2005-07-05$4.80/sh−4,000$19,201→ 1,900,865 total - Sale
Common Stock
2005-07-06$4.83/sh−6,000$29,000→ 1,894,865 total
Holdings
- 50,000
Options
Exercise: $2.31Exp: 2011-04-09→ COMMON STOCK (50,000 underlying) - 100,000
Options
Exercise: $6.75Exp: 2010-03-08→ COMMON STOCK (100,000 underlying) - 185,000
Options
Exercise: $5.90Exp: 2014-09-30→ COMMON STOCK (185,000 underlying) - 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)
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 360,000 shares of the Registrant's common stock, which sales, according to the Plan, are estimated to be completed over a period ending February 10, 2006 (subject to certain selling limitations contained in the Plan). The Plan provides that, in any event, no sales will be made later than March 7, 2007. Does not include 18,640 shares held by a trust for the benfit of Filer's child. Filer's spouse is the sole trustee of such trust.
- [F2]These options are fully exercisable.
- [F3]These options were granted pursuant to an amendment to Filer's Employment Agreement, dated December 1, 2001, as amended (the "Agreement"). 75,000 of such options are immediately exercisable and the remaining 110,000 options vest on November 1, 2005, provided that certain financial milestones, more fully explained in the Agreement, are met.
Documents
Issuer
TRAFFIX INC
CIK 0001000297
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001000297
Filing Metadata
- Form type
- 4
- Filed
- Jul 6, 8:00 PM ET
- Accepted
- Jul 7, 3:51 PM ET
- Size
- 16.1 KB