RDCM » Topics » BENEFICIAL OWNERSHIP OF SECURITIES BY CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

This excerpt taken from the RDCM 6-K filed Nov 4, 2009.

BENEFICIAL OWNERSHIP OF SECURITIES BY CERTAIN
BENEFICIAL OWNERS AND MANAGEMENT

        The following table sets forth certain information regarding the beneficial ownership of the Company’s Ordinary Shares as of November 3, 2009 by (i) each person or entity known to beneficially own more than five percent (5%) of the Company’s outstanding Ordinary Shares based on information provided to the Company by the holders or disclosed in public filings with the Securities and Exchange Commission, and (ii) all directors and officers as a group, based on information provided to the Company by the holders or disclosed in public filings with the Securities and Exchange Commission.

Name
Number of Ordinary
Shares Beneficially Owned(1)

Percentage of
Outstanding Ordinary
Shares(2)

 
Zohar Zisapel (3)      1,845,433    34.6 %
Yehuda Zisapel (4)    506,790    10.0 %
RAD Data Communications Ltd (5)    44,460    0.9 %
All directors and executive officers as a group,  
  except Zohar Zisapel(9 persons) (1) (2)    235,284    4.4 %

(1) Except as otherwise noted and pursuant to applicable community property laws, each person named in the table has sole voting and investment power with respect to all Ordinary Shares listed as owned by such person. Shares beneficially owned include shares that may be acquired pursuant to options that are exercisable on or within 60 days of November 3, 2009.

(2) The percentage of outstanding Ordinary Shares is based on 5,081,707 Ordinary Shares outstanding as of November 3, 2009. For determining the percentage owned by each person, Ordinary Shares for each person includes Ordinary Shares that may be acquired by such person pursuant to options to purchase Ordinary Shares that are exercisable within 60 days of November 3, 2009.

  The number of outstanding Ordinary Shares does not include 30,843 shares that were repurchased by the Company.

(3) Includes 44,460 Ordinary Shares owned of record by RAD Data Communications Ltd., an Israeli company, 13,625 Ordinary Shares owned of record by Klil and Michael Ltd., an Israeli company and 258,177 Ordinary Shares issuable upon exercise of options and warrants exercisable within 60 days of November 3, 2009. Zohar Zisapel is a principal shareholder and director of each of RAD Data Communications Ltd. and Klil and Michael Ltd. and, as such, Mr. Zisapel may be deemed to have voting and dispositive power over the Ordinary Shares held by RAD Data Communications and Klil and Michael Ltd. Mr. Zisapel disclaims beneficial ownership of these Ordinary Shares except to the extent of his pecuniary interest therein.

(4) Includes 44,460 Ordinary Shares owned of record by RAD Data Communications Ltd., an Israeli company, and 227,590 Ordinary Shares owned of record by Retem Local Networks Ltd., an Israeli company. Yehuda Zisapel is a principal shareholder and director of each of RAD Data Communications Ltd. and Retem Local Networks and, as such, Mr. Zisapel may be deemed to have voting and dispositive power over the Ordinary Shares held by RAD Data Communications Ltd. and Retem Local Networks. Mr. Zisapel disclaims beneficial ownership of these Ordinary Shares except to the extent of his pecuniary interest therein.

(5) Messrs. Zohar Zisapel and Yehuda Zisapel have shared voting and dispositive power with respect to the shares held by RAD Data Communications Ltd. The shares held by RAD Data Communications Ltd. are reflected under the number of shares held by Zohar Zisapel and Yehuda Zisapel.

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