ALMOG ITZHAK 4
4 · XFONE INC. · Filed Jul 15, 2010
Insider Transaction Report
Form 4
XFONE INC.XFN
ALMOG ITZHAK
Director
Transactions
- Sale
Common Stock
2010-03-16$1.58/sh−1,200$1,896→ 1,000 total - Sale
Common Stock
2010-03-16$1.56/sh−7,800$12,168→ 2,200 total - Sale
Common Stock
2010-03-16$1.59/sh−1,000$1,590→ 0 total - Award
Common Stock Options
2006-10-30+25,000→ 25,000 totalExercise: $3.50From: 2007-10-30Exp: 2012-10-30→ Common Stock (25,000 underlying)
Footnotes (3)
- [F1]The Reporting Person has simultaneously filed a Form 3 with the Securities and Exchange Commission that discloses the purchase, through multiple transactions, of 10,000 shares of the Issuer's common stock (the "Common Stock") on March 5, 2010, at an average purchase price of $1.10 per share (the "Form 3").
- [F2]Upon learning of the Reporting Person's transactions reported on this Form 4, the Issuer immediately requested that the Reporting Person return the short swing profit of $4,526, recognized within a six (6) month time period of the purchase of the shares, which was earned as a result of the difference between the price of the purchases reflected on the Form 3 and the sales reflected on this Form 4. The Reporting Person immediately complied with the Issuer's request to return all short swing profits.
- [F3]The 25,000 options to purchase shares of the Issuer's Common Stock were granted under and subject to the Issuer's 2004 Stock Option Plan.