SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Ozima Wesley
(Last) (First) (Middle)
18872 MACARTHUR BLVD.
2ND FLOOR
(Street)
IRVINE CA 92612
(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/01/2009 		3. Issuer Name and Ticker or Trading Symbol
AUTOBYTEL INC [ ABTL ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President and Controller
5. 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 Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 10,286 D
Common Stock(5) 15,000 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (Right to Buy) (1) 09/01/2014 Common Stock 20,000 $7 D
Employee Stock Option (Right to Buy) (2) 05/31/2015 Common Stock 10,000 $4.86 D
Employee Stock Option (Right to Buy) (3) 08/14/2016 Common Stock 7,500 $2.99 D
Employee Stock Option (Right to Buy) (4) 11/13/2017 Common Stock 3,000 $3.13 D
Employee Stock Option (Right to Buy) (6) 09/29/2018 Common Stock 15,000 $1.06 D
Employee Stock Option (Right to Buy) (7) 03/03/2019 Common Stock 37,500 $0.35 D
Explanation of Responses:
1. Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. 33 1/3% vested and became exercisable on 09/01/2005 and 1/36 vested and became exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on the third anniversary.
2. Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. 33 1/3% vested and became exercisable on 05/31/2006 and 1/36 vested and became exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on the third anniversary.
3. Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. 33 1/3% vested and became exercisable on 08/14/2007 and 1/36 shall vest and become exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on the third anniversary.
4. Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. 33 1/3% vested and became exercisable on 11/13/2008 and 1/36 shall vest and become exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on the third anniversary.
5. Award to reporting person of restricted stock in transaction exempt under Rule 16b-3. Restrictions on 33 1/3% shall lapse on 09/29/2009 and restrictions on remaining restricted stock awarded shall lapse on 1/36 of the restricted stock awarded at the end of each successive monthly anniversary thereafter for the following 24 months ending on the third anniversary of the award date. Lapse of restrictions is contingent upon reporting person's continued employment with the Company.
6. Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. 33 1/3% shall vest and become exercisable on 09/29/2009 and 1/36 shall vest and become exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on the third anniversary.
7. Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. 33 1/3% shall vest and become exercisable on 03/03/2010 and 1/36 shall vest and become exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on the third anniversary of the grant date. In addition to the foregoing time vesting requirements, 1/3 of the options can be exercised only if the closing price of the Company's common stock exceeds two times the exercise price over a consecutive 30-day trading period; and 1/3 of the options can be exercised only if the closing price for the Company's common stock exceeds three times the exercise price over a consecutive 30-day trading period.
/s/ Glenn E. Fuller, attorney-in-fact for Wesley Ozima 03/10/2009
** 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 5 (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.
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 Number.