SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
STOLLMAN ANDREW

(Last) (First) (Middle)
ONE BLUE HILL PLAZA

(Street)
PEARL RIVER NY 10956

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
TRAFFIX INC [ TRFX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
President and Secretary
3. Date of Earliest Transaction (Month/Day/Year)
01/10/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/10/2005 D 6,400 D $6.0611 715,832(1) D
Common Stock 01/11/2005 D 9,000 D $5.9111 706,832(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Options $7.34 (2) 06/03/2014 Common Stock 405,000 405,000 D
Options $5.7 (3) 11/30/2011 Common Stock 105,000 105,000 D
Options $2.31 (3) 04/09/2011 Common Stock 45,000 45,000 D
Options $2.5 (3) 04/09/2011 Common Stock 45,000 45,000 D
Options $3 (3) 04/09/2011 Common Stock 45,000 45,000 D
Options $6.75 (3) 03/08/2010 Common Stock 100,000 100,000 D
Options $1.75 (3) 09/30/2005 Common Stock 8,750 8,750 D
Explanation of Responses:
1. The sales reported hereby were made under a Rule 10b5-1 Selling Plan (the "Plan"), pursuant to which the Filer will be selling up to 200,000 shares of the Registrant's common stock, which sales, according to the Plan, are estimated to be completed over a period ending March 13, 2005 (subject to certain selling limitations contained in the Plan). The Plan provides that, in any event, no sales will be made later than March 31, 2005.
2. These options were granted to Mr. Stollman pursuant to his entering into an amendment to his employment agreement. The right to purchase 75,000 shares became exercisable on 6/03/04 and the right to purchase 110,000 shares becomes exercisable upon Traffix, Inc. meeting certain financial criteria in the fiscal years ending November 30, 2005, 2006 and 2007, all as set forth in Mr. Stollman's employment agreement, as amended.
3. These options are fully exercisable.
/s/ Andrew Stollman 01/12/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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