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Home > Insider Trading > Filing (0001181431-10-039998)

Filing Details

Accession Number:: 0001181431-10-039998
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-08-03 13:00:00
Reporting Period:: 2010-08-02

Filing Date:: 2010-08-03
Accepted Time:: 2010-08-03 17:29:40
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1312073	Verifone Systems Inc.	PAY	Calculating & Accounting Machines (No Electronic Computers) (3578)	043692546

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1449727	C Jeffrey Dumbrell	C/O Verifone Systems, Inc. 2099 Gateway Place, Suite 600 San Jose CA 95110	Executive Vice President	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock, Par Value $0.01 Per Share	Acquisiton	2010-08-02	3,125	$7.46	4,125	No	4	M	Direct
Sommon Stock, Par Value $0.01 Per Share	Disposition	2010-08-02	3,125	$22.05	1,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Par Value $0.01 Per Share	Employee Stock Option (right to buy)	Disposition	2010-08-02	3,125	$0.00	3,125	$7.46

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
34,375		2016-05-01	No	4	M	Direct

Footnotes

25% of these options became exercisable on 5/1/2010 and an additional 6.25% of these options became exercisable at the end of each subsequent three month period thereafter.
The Sale was effected by Mr. Dumbrell to a Rule 10b5-1 sales plan effective as of December 18, 2009.