Home/Filings/4/0001019056-06-000657
4//SEC Filing

RAGAN W PETER JR 4

Accession 0001019056-06-000657

CIK 0000813565other

Filed

Jun 8, 8:00 PM ET

Accepted

Jun 9, 9:51 PM ET

Size

14.8 KB

Accession

0001019056-06-000657

Insider Transaction Report

Form 4
Period: 2006-06-06
RAGAN W PETER JR
Treasurer and Secretary10% Owner
Transactions
  • Purchase

    Series A Preferred Stock

    2006-06-06$10.73/sh+49$526164 total
    Exercise: $0.00Common Stock (49 underlying)
  • Purchase

    Series A Preferred Stock

    2006-06-06$10.73/sh+80$858115 total
    Exercise: $0.00Common Stock (80 underlying)
  • Purchase

    Series A Preferred Stock

    2006-06-06$10.80/sh+51$551215 total
    Exercise: $0.00Common Stock (51 underlying)
  • Purchase

    Series A Preferred Stock

    2006-06-06$10.80/sh+35$37835 total
    Exercise: $0.00Common Stock (35 underlying)
Holdings
  • Common Stock

    2,034,402
  • Warrants

    Exercise: $1.04From: 2004-02-03Exp: 2009-02-03Common Stock (309,250 underlying)
    309,250
Footnotes (1)
  • [F1]The Series A Preferred Stock may be converted at any time into shares of common stock at $2.50 per share at the option of the holder; provided however that if after May 18, 2009 (a) the price of the common stock exceeds the conversion price by more than 35% and (b) the common stock is traded on a national securities exchange, the Company may terminate the right.

Issuer

VELOCITY ASSET MANAGEMENT INC

CIK 0000813565

Entity typeother

Related Parties

1
  • filerCIK 0001278267

Filing Metadata

Form type
4
Filed
Jun 8, 8:00 PM ET
Accepted
Jun 9, 9:51 PM ET
Size
14.8 KB