X0202 4 2007-10-03 0 0001030058 WORLDGATE COMMUNICATIONS INC WGAT 0001267764 BOYARKSI JOEL 3190 TREMONT AVENUE TREVOSE PA 19053 0 1 0 0 C.F.O. 0001267766 GORT RANDALL 3190 TREMONT AVENUE TREVOSE PA 19053 0 1 0 0 C.L.O. 0001267770 MCLOUGHLIN JAMES 3190 TREMONT AVENUE TREVOSE PA 19053 0 1 0 0 V.P. 0001267772 WESTERFER RICHARD 3190 TREMONT AVENUE TREVOSE PA 19053 0 1 0 0 C.O.O. Common Stock 2007-10-03 4 A 0 275000 A 275000 D Common Stock 2007-10-03 4 A 0 250000 A 250000 D Stock Option (Right to Buy) 0.30 2007-10-03 4 A 0 163000 A 2017-10-02 Common Stock 163000 163000 D Stock Option (Right to Buy) 0.30 2007-10-03 4 A 0 143000 A 2017-10-02 Common Stock 143000 143000 D Performance Award under Company's Equity Incentive Plan granted to Messrs. Gort and Westerfer in the amount of 275000 shares and to Messrs. Boyarski and McLoughlin in the amount of 250000 shares. Awards vest based upon increases in the Company's revenue and net income, with 50% vesting in 10% increments for every 10% increase in the Company's revenue and the remaining 50% vesting in two equal increments, the first of which will be earned upon reaching cash break even, and the remainder earned upon reaching at least 10% net income as a percent of sales. In addition to the reported shares granted, the reporting persons beneficially own the following additional shares: Mr. Boyarski owns 7,371 shares directly and his spouse owns 2,000 shares. Mr. Gort owns 106,063 shares directly and his children own 68,079. Mr. Westerfer's children own 241 shares. Stock option to purchase 163,000 shares granted to each of Messrs. Gort and Westerfer, and 143,000 shares to each of Messrs. Boyarski and McLoughlin. Stock options are granted under employee stock option plan and vest in four equal annual installments beginning on the first anniversary of the grant date. Joel I. Boyarski 2007-10-05 Randall J. Gort 2007-10-05 James McLoughlin 2007-10-05 Richard Westerfer 2007-10-05