SCOTT RICHARD L 5
5 · XFONE INC. · Filed Feb 15, 2011
Insider Transaction Report
Form 5
XFONE INC.XFN
SCOTT RICHARD L
10% Owner
Holdings
- 1,252,987(indirect: By Trust)
Common Stock
- 626,498(indirect: By Partnership)
Common Stock
- 626,498(indirect: By Trust)
Common Stock
Footnotes (1)
- [F1]Prior to October 7, 2010, the Reporting Person beneficially owned 2,643,121 shares of Common Stock of the Issuer, as a result of its ownership of XFN RLSI Investments, LLC, which owned 2,643,121 shares of Common Stock of the Issuer. On October 7, 2010 and October 18, 2010, XFN RLSI Investments, LLC collectively distributed all of its 2,643,121 shares of Common Stock of the Issuer to its members as a result of its dissolution and liquidation. As a result of that distribution and because 137,138 shares of Common Stock were distributed to members of XFN RLSI Investments, LLC which are not controlled by or affiliated with the Reporting Person, the Reporting Person now beneficially owns 2,505,983 shares of Common Stock of the Issuer.