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4//SEC Filing

ALMOG ITZHAK 4

Accession 0001428260-10-000001

CIK 0001126216other

Filed

Jul 14, 8:00 PM ET

Accepted

Jul 15, 5:17 PM ET

Size

10.8 KB

Accession

0001428260-10-000001

Insider Transaction Report

Form 4
Period: 2010-03-16
ALMOG ITZHAK
Director
Transactions
  • Sale

    Common Stock

    2010-03-16$1.58/sh1,200$1,8961,000 total
  • Sale

    Common Stock

    2010-03-16$1.56/sh7,800$12,1682,200 total
  • Sale

    Common Stock

    2010-03-16$1.59/sh1,000$1,5900 total
  • Award

    Common Stock Options

    2006-10-30+25,00025,000 total
    Exercise: $3.50From: 2007-10-30Exp: 2012-10-30Common 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.

Issuer

XFONE INC.

CIK 0001126216

Entity typeother

Related Parties

1
  • filerCIK 0001428260

Filing Metadata

Form type
4
Filed
Jul 14, 8:00 PM ET
Accepted
Jul 15, 5:17 PM ET
Size
10.8 KB