XETA TECHNOLOGIES INC 4

4 · XETA TECHNOLOGIES INC · Filed Oct 20, 2009

Form 4

Period: 2009-10-16

Chief Financial Officer

Transactions

Disposition to Issuer
Stock Options (Right to Buy)
2009-10-16$3.63/sh−25,000$90,750→ 0 total
Exercise: $3.63From: 2004-11-01Exp: 2011-10-31→ Common Stock (25,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2009-10-16$3.25/sh−25,000$81,250→ 0 total
Exercise: $3.25From: 2011-01-05Exp: 2014-07-05→ Common Stock (25,000 underlying)
Award
Stock Options (Right to Buy)
2009-10-16$2.54/sh+55,549$141,094→ 55,549 total
Exercise: $2.54Exp: 2015-10-16→ Common Stock (55,549 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2009-10-16$2.95/sh−20,000$59,000→ 0 total
Exercise: $2.95From: 2009-10-19Exp: 2011-10-19→ Common Stock (20,000 underlying)
Disposition to Issuer
Stock Options (Right to Buy)
2009-10-16$4.14/sh−10,000$41,400→ 0 total
Exercise: $4.14From: 2010-12-05Exp: 2013-12-05→ Common Stock (10,000 underlying)

Footnotes (3)

[F1]50% on 10/16/2010; 25% on 10/16/2011; 25% on 10/16/2012.
[F2]Exchanged for new options to purchase shares of common stock at an exercise price of $2.54/share (reported above) pursuant to the Company's stock option exchange program which commenced 09/17/2009 and terminated 10/16/2009.
[F3]Granted in exchange for new options surrendered (reported above) pursuant to the Company's stock option exchange program which commenced 09/17/2009 and terminated 10/16/2009.

Documents

1 file