SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GILO DAVIDI

(Last) (First) (Middle)
4015 MIRANDA AVE., FIRST FLOOR

(Street)
PALO ALTO CA 94304

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VYYO INC [ VYYO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/22/2005
4. 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 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
Common Stock 03/22/2005 S(1) 200 D $7.32 3,650,066 I See footnote(2)
Common Stock 03/22/2005 S(1) 300 D $7.33 3,649,766 I See footnote(2)
Common Stock 03/22/2005 S(1) 200 D $7.34 3,649,566 I See footnote(2)
Common Stock 03/22/2005 S(1) 100 D $7.35 3,649,466 I See footnote(2)
Common Stock 03/22/2005 S(1) 200 D $7.36 3,649,266 I See footnote(2)
Common Stock 03/22/2005 S(1) 200 D $7.37 3,649,066 I See footnote(2)
Common Stock 03/22/2005 S(1) 100 D $7.38 3,648,966 I See footnote(2)
Common Stock 03/22/2005 S(1) 1,200 D $7.4 3,647,766 I See footnote(2)
Common Stock 03/22/2005 S(1) 400 D $7.41 3,647,366 I See footnote(2)
Common Stock 03/22/2005 S(1) 100 D $7.43 3,647,266 I See footnote(2)
Common Stock 03/22/2005 S(1) 600 D $7.44 3,646,666 I See footnote(2)
Common Stock 03/22/2005 S(1) 516 D $7.45 3,646,150 I See footnote(2)
Common Stock 03/22/2005 S(1) 200 D $7.47 3,645,950 I See footnote(2)
Common Stock 03/22/2005 S(1) 400 D $7.48 3,645,550 I See footnote(2)
Common Stock 03/22/2005 S(1) 100 D $7.52 3,645,450 I See footnote(2)
Common Stock 03/22/2005 S(1) 400 D $7.54 3,645,050 I See footnote(2)
Common Stock 03/22/2005 S(1) 100 D $7.6 3,644,950 I See footnote(2)
Common Stock 03/22/2005 S(1) 100 D $7.64 3,644,850 I See footnote(2)
Common Stock 03/22/2005 S(1) 184 D $7.65 3,644,666 I See footnote(2)
Common Stock 5,420 I See footnote(3)
Common Stock 18,206 I See footnote(4)
Common Stock 345,000 D
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 Securities Underlying Derivative Security (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: 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
Explanation of Responses:
1. These shares were sold pursuant to a Rule 10b5-1 Trading Plan.
2. Held by the Gilo Family Trust U/A/D 1/18/91, of which Mr. Gilo is the sole trustee.
3. Held by Harmony Management, Inc. of which Mr. Gilo and a trust for his benefit are the sole shareholders.
4. Held by Gilo Family Partnership, L.P. of which Harmony Management, Inc. is the general partner and Mr. Gilo, Shamaya Gilo and three trusts for the benefit of Mr. Gilo's children Adi, Elan and Yael Gilo are the limited partners.
Remarks:
Lonnie Goldman, as Attorney-in-fact 03/22/2005
** 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 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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