XNAS:CALL magicJack VocalTec Ltd Insider Activity 4 Filing - 5/10/2012

Effective Date 5/10/2012

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Dauber Yoseph
  2. Issuer Name and Ticker or Trading Symbol
MAGICJACK VOCALTEC LTD [CALL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
12 BENNY GAON STREET, BUILDING 2B, POLEG INDUSTRIAL AREA
3. Date of Earliest Transaction (Month/Day/Year)
05/10/2012
(Street)

NETANYA, L3 42504
4. If Amendment, Date 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
(City)
(State)
(Zip)
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
Ordinary Shares 05/10/2012   M   6,154 A $14.825 16,154 D  
Ordinary Shares 05/10/2012   M   3,446 A $8.27 19,600 D  
Ordinary Shares 05/10/2012   M   14,000 A $0.7125 33,600 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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
Employee Stock Options (right to buy) $14.825 05/10/2012   M     6,154   (1) 12/25/2012 Ordinary Shares 6,154 $ 0 0 D  
Employee Stock Options (right to buy) $8.27 05/10/2012   M     3,446   (2) 04/11/2014 Ordinary Shares 3,446 $ 0 0 D  
Employee Stock Options (right to buy) $0.7125 05/10/2012   M     14,000   (3) 10/16/2015 Ordinary Shares 14,000 $ 0 2,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Dauber Yoseph
12 BENNY GAON STREET, BUILDING 2B
POLEG INDUSTRIAL AREA
NETANYA, L3 42504
  X      

Signatures

 /s/ Peter Russo, attorney-in-fact   05/15/2012
** Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The option originally vested quarterly in 16 equal installments beginning on March 25, 2006 and were fully vested.
(2) The option originally vested quarterly in 16 equal installments beginning on July 11, 2007 and were fully vested.
(3) The option vests in 16 equal quarterly installments beginning January 16, 2009 through October 16, 2012. The first 14 installments have already vested and were exercised on May 10, 2012.
 
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney by Yoseph Dauber (incorporated herein by reference to Exhibit 24 to Form 3 filed by Yoseph Dauber on January 3, 2012).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

XNAS:CALL magicJack VocalTec Ltd Insider Activity 4 Filling

magicJack VocalTec Ltd XNAS:CALL Stock - Get Insider Activity SEC Filing of magicJack VocalTec Ltd XNAS:CALL stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

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XNAS:CALL magicJack VocalTec Ltd Insider Activity 4 Filing - 5/10/2012
Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol |  Title Star Rating |  Category |  Total Assets |  Top Holdings |  Top Sectors |  Symbol |  Name Title |  Date |  Author |  Collection |  Interest |  Popularity Topic |  Sector |  Key Indicators |  User Interest |  Market Cap |  Industry Name |  Ticker |  Star Rating |  Market Cap |  Stock Type |  Sector |  Industry Star Rating |  Investment Style |  Total Assets |  Category |  Top Holdings |  Top Sectors |  Symbol / Ticker |  Title Star Rating |  Category |  Total Assets |  Symbol / Ticker |  Name Title |  Date |  Author |  Collection |  Popularity |  Interest Title |  Date |  Company |  Symbol |  Interest |  Popularity Title |  Date |  Company |  Symbol |  Interest |  Popularity

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