Incredimail 2009 Annual Report Download - page 54

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Except as indicated in the footnotes to this table, each shareholder in the table has sole voting and investment power for the shares
shown as beneficially owned by them. Percentage ownership is based on 9,580,371 ordinary shares outstanding on March 24, 2010.
____________________________
* Represents less than one percent
Employee Benefit Plans
Our current equity incentive plan was adopted in 2003 under Section 102 of the Israeli Income Tax Ordinance, providing certain tax
benefits in connection with share-
based compensation. Please also see Note 10 of our financial statements included in this annual report for
information on the options issued under our plan.
Name
Number of
Ordinary
Shares
Beneficially
Owned
Percentage
of Ordinary
Shares
Outstanding
Ofer Adler (1)
1,711,956
17.8
%
Yair M. Zadik (2)
132,633
1.4
%
Yacov Kaufman (3)
84,500
*
Tamar Gottlieb (4)
82,466
*
Yuval Hamudot
37,500
*
Jeff Holzmann (5)
19,750
*
David Jutkowitz (6)
8,333
*
Arik Ramot (7) .
3,333
*
All directors and officers as a group (10 persons) (8)
2,080,471
21.6
%*
(1)
Includes options to purchase 25,000 ordinary shares at an exercise price of $5.21 per share, exercisable within 60 days of this Annual
Report.
(2)
Includes options to purchase 60,000 ordinary shares at an exercise price of $7.86 per share, 5,000 ordinary shares at an exercise price
of $5.21 per share and 3,333 ordinary shares at an exercise price of $2.30 per share, exercisable within 60 days of this Annual Report.
(3)
Represents options to purchase 31,500 ordinary shares at an exercise price of $3.00 per share and 10,000 ordinary shares at an
exercise price of $3.51 per share, exercisable within 60 days of this Annual Report.
(4)
Includes options to purchase 30,000 ordinary shares at an exercise price of $7.86 per share, 5,000 ordinary shares at an exercise price
of $5.21 per share, 3,333 ordinary shares at an exercise price of $3.26 per share and 3,333 at an exercise price of $2.30 per share,
exercisable within 60 days of this Annual Report.
(5)
Includes options to purchase 8,250 ordinary shares at an exercise price of $3.00 per share and 10,000 ordinary shares at an exercise
price of $3.51 per share, exercisable within 60 days of this Annual Report.
(6)
Represents options to purchase 5,000 ordinary shares at an exercise price of $5.21 per share and 3,333 ordinary shares at an exercise
price of $2.30 per share, exercisable within 60 days of this Annual Report.
(7)
Represents options to purchase 3,333 ordinary shares at an exercise price of $2.30 per share, exercisable within 60 days of this
Annual Report.
(8)
Includes options to purchase 206,415 ordinary shares, exercisable within 60 days of this Annual Report.
49