OSSEIRAN SALAH N 4
4 · CTI GROUP HOLDINGS INC · Filed Jan 25, 2005
Insider Transaction Report
Form 4
OSSEIRAN SALAH N
Director10% Owner
Transactions
- Purchase
Class A Common Stock
2005-01-21$0.35/sh+850,957$297,835→ 14,207,292 total(indirect: by Hawazen (BVI) Corp.) - Purchase
Class A Common Stock
2005-01-21$0.35/sh+103,592$36,257→ 2,647,735 total(indirect: by Fairford Holdings Limited)
Holdings
- 45,000(indirect: by Salsel Corporation Limited)
Class A Common Stock
Footnotes (3)
- [F1]Reflects the acquisition of 850,957 shares of Class A common Stock by Hawazen (BVI) Corp., a 10% owner, of which Mr. Osseiran is the managing director, due to the disposition of Xila Communications, LLC pursuant to the Asset Purchase Agreement between CTI Group (Holdings) Inc. and CDS Holdings, LLC (the "CDS Agreement"). Salah N. Osseiran Trust, a revocable trust, of which Mr. Osseiran is the grantor and sole beneficiary, is the sole stockholder of Hawazen (BVI) Corp.
- [F2]Reflects the acquistion of 103,592 shares of Class A common stock by Fairford Holdings Limited, of which Mr. Osseiran is the managing director, due to the disposition of Xila Communications, LLC pursuant to the CDS Agreement. Salah N. Osseiran Trust, a revocable trust, of which Mr. Osseiran is the grantor and sole beneficiary, is the sole stockholder of Fairford Holdings Limited.
- [F3]Mr. Osseiran is the managing director of Salsel Corporation Limited. Salah N. Trust, a revocable trust, of which Mr. Osseiran is the grantor and sole beneficiary, is the sole stockholder of Salsel Corporation Limited.