SCHWARTZ JEFFREY L 4
4 · TRAFFIX INC · Filed Aug 29, 2005
Insider Transaction Report
Form 4
TRAFFIX INCTRFX
SCHWARTZ JEFFREY L
DirectorChairman and CEO10% Owner
Transactions
- Exercise/Conversion
Options
2005-08-25−8,750→ 0 totalExercise: $1.75Exp: 2005-09-30→ COMMON STOCK (8,750 underlying) - Exercise/Conversion
Common Stock
2005-08-25$1.75/sh−8,750$15,313→ 1,873,615 total
Holdings
- 50,000
Options
Exercise: $2.31Exp: 2011-04-09→ COMMON STOCK (50,000 underlying) - 105,000
Options
Exercise: $5.70Exp: 2011-11-30→ COMMON STOCK (105,000 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)
Footnotes (4)
- [F1]Does not include 16,310 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.
- [F4]The options were disposed of pursuant to their exercise price.