Home/Filings/4/0001178913-17-000134
4//SEC Filing

MAGICJACK VOCALTEC LTD 4

Accession 0001178913-17-000134

CIK 0001005699operating

Filed

Jan 19, 7:00 PM ET

Accepted

Jan 20, 5:57 PM ET

Size

8.5 KB

Accession

0001178913-17-000134

Insider Transaction Report

Form 4
Period: 2017-01-18
Transactions
  • Tax Payment

    Common Stock

    2017-01-18$6.85/sh18,365$125,800243,562 total
Holdings
  • Employee Stock Option

    Exercise: $9.33Exp: 2020-12-01Common Stock (499,307 underlying)
    499,307
  • Employee Stock Option

    Exercise: $17.63Exp: 2018-07-02Common Stock (296,031 underlying)
    296,031
Footnotes (5)
  • [F1]These shares were surrendered by the reporting person in order to satisfy the reporting person's tax withholding obligation upon the vesting and issuance of restricted stock.
  • [F2]The number of shares to be withheld was determined on January 18, 2017 using the closing price on December 30, 2016, the business day immediately preceding the vesting date of December 31, 2016.
  • [F3]This amount includes 80,041 shares of restricted stock that have vested as of the filing date, net of the shares surrendered for tax withholding purposes. This amount also includes 34,904 shares of restricted stock that are subject to vesting if the stock achieves a market value equal to or greater than $16.29 per share over a five-day average. This amount also includes 128,617 shares of restricted stock that vest in equal annual increments on December 31, 2017 and December 31, 2018.
  • [F4]Options vest and become exercisable in one-third annual cumulative increments beginning December 31, 2016.
  • [F5]Options have vested and are currently exercisable.

Issuer

MAGICJACK VOCALTEC LTD

CIK 0001005699

Entity typeoperating
IncorporatedIsrael

Related Parties

1
  • filerCIK 0001005699

Filing Metadata

Form type
4
Filed
Jan 19, 7:00 PM ET
Accepted
Jan 20, 5:57 PM ET
Size
8.5 KB