SEC FORM 5

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

CRESCI ROBERT J

(Last)

(First)

(Middle)

C/O J2 GLOBAL COMMUNICATIONS, INC.

6922 HOLLYWOOD BLVD., STE. 500

(Street)

LOS ANGELES

90028

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
J2 GLOBAL COMMUNICATIONS INC [ JCOM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2003

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 at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.01 par value⁽¹⁾	12/31/2003⁽³⁾		J⁽³⁾	0	A	$0	0	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)
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)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Option⁽¹⁾	$3.44	12/31/2003⁽³⁾		J⁽³⁾	0		07/12/2001	07/12/2010	Common Stock, $0.01 par value	6,250	$0⁽²⁾	6,250	D
Option	$3.44	12/31/2003		J	0		07/12/2002	07/12/2010	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$3.44	12/31/2003		J	0		07/12/2003	07/12/2010	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$3.44	12/31/2003		J	0		07/12/2004	07/12/2010	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$1.87	12/31/2003		J	0		12/28/2002	12/28/2011	Common Stock, $0.01 par value	5,000	$0	5,000	D
Option	$1.87	12/31/2003		J	0		12/28/2003	12/28/2010	Common Stock, $0.01 par value	5,000	$0	5,000	D
Option	$1.87	12/31/2003		J	0		12/28/2004	12/28/2011	Common Stock, $0.01 par value	5,000	$0	5,000	D
Option	$1.87	12/31/2003		J	0		12/28/2005	12/28/2011	Common Stock, $0.01 par value	5,000	$0	5,000	D
Option	$1.87	12/31/2003		J	0		12/28/2002	12/28/2011	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$1.87	12/31/2003		J	0		12/28/2003	12/28/2011	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$1.87	12/31/2003		J	0		12/28/2004	12/28/2011	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$1.87	12/31/2003		J	0		12/28/2005	12/28/2011	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$7.05	12/31/2003		J	0		06/25/2003	06/25/2012	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$7.05	12/31/2003		J	0		06/25/2004	06/25/2012	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$7.05	12/31/2003		J	0		06/25/2005	06/25/2012	Common Stock, $0.01 par value	6,250	$0	6,250	D
Option	$7.05	12/31/2003		J	0		06/25/2006	06/25/2012	Common Stock, $0.01 par value	6,250	$0	6,250	D

Explanation of Responses:

1. All figures regarding shares of, and prices for common stock and options are as adjusted for the Issuer's two-for-one stock split that was effected as of September 2, 2003.

2. Stock option granted for services rendered, no value placed on services rendered.

3. No transaction reported on this Form 5. This Form only represents the holdings of the Reporting Person as of the end of year 2003.

	/s/ Robert J. Cresci	02/06/2004
	** 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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