Filing Details

Accession Number:
0001428260-10-000001
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-07-15 13:00:00
Reporting Period:
2010-03-16
Filing Date:
2010-07-15
Accepted Time:
2010-07-15 17:17:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1126216 Xfone Inc. XFN Communications Services, Nec (4899) 113618510
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1428260 Itzhak Almog 7/A Moledet St
Hod Hasharon L3 45341
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2010-03-16 7,800 $1.56 2,200 No 4 S Direct
Common Stock Disposition 2010-03-16 1,200 $1.58 1,000 No 4 S Direct
Common Stock Disposition 2010-03-16 1,000 $1.59 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Common Stock Options Acquisiton 2006-10-30 25,000 $0.00 25,000 $3.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
25,000 2007-10-30 2012-10-30 No 4 A Direct
Footnotes
  1. 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").
  2. 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.
  3. 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.