4//SEC Filing
JAMES E CRABBE REVOCABLE TRUST 4
Accession 0001019687-03-001310
CIK 0001004673other
Filed
Jun 19, 8:00 PM ET
Accepted
Jun 20, 6:34 PM ET
Size
23.5 KB
Accession
0001019687-03-001310
Insider Transaction Report
Form 4
VENDINGDATA CORPVNDC
No transactions or holdings reported in this filing.
Footnotes (14)
- [F1]No such date applies. The date of "08/08/88" is reflected on this Form 4 for the sole purpose of providing data in this field to ensure that this Form 4 will be accepted through the SEC's electronic filing system.
- [F10]As previously reported, on January 1, 2002, and pursuant to the Plan, the Company granted to Mr. Crabbe an option to purchase 1,000 shares of Common Stock at an exercise price of $0.35 per share. As a result of the Reverse Split, this option now may be exercised to purchase 200 shares of Common Stock at an exercise price of $1.75 per share. The option expires on the later of January 1, 2012 or three months after Mr. Crabbe ceases to serve as a director of the Company.
- [F11]As previously reported, on December 31, 2002, the Trust entered into a Subscription Agreement (the "December Subscription") pursuant to which the Company issued a 9.5% Convertible Note (the "December Note"). The December Note was in the amount of $3,949,996.05 and cancelled and replaced various short-term, non-convertible notes that the Company had previously issued to the Trust. The Trust has the ability to convert the December Note at its option until the December Note is paid in full. The "*" has no meaning and is provided in this Form 4 for the sole purpose of ensuring that this Form 4 will be accepted through the SEC's electronic filing system.
- [F12]As previously reported, the Company issued warrants to the Trust in connection with the December Subscription and the December Note. Effective June 18, 2003, the Trust transferred, by gift, 98,750 warrant shares to each of Mr. Crabbe's two sons, for a total transfer of 197,500 warrant shares. The "*" has no meaning and is provided in this Form 4 for the sole purpose of ensuring that this Form 4 will be accepted through the SEC's electronic filing system.
- [F13]As previously reported, the warrants expire one year after the conversion or repayment of the December Note.
- [F14]No such code applies. The code of "A" is reflected in column 4 of Table I on this Form 4 for the sole purpose of providing data in this field to ensure that this Form 4 will be accepted through the SEC's electronic filing system. In addition, this Form 4 reflects filing by one reporting person to ensure that this Form 4 will be accepted through the SEC's electronic filing system. Previously, Mr. Crabbe's Forms 4 reflected filing by more than one reporting person, as he is Trustee of the Trust.
- [F2]No such code applies. The code of "A" is reflected on this Form 4 for the sole purpose of providing data in this field to ensure that this Form 4 will be accepted through the SEC's electronic filing system.
- [F3]No such amount applies. This information is reflected on this Form 4 for the sole purpose of providing data in this field to ensure that this Form 4 will be accepted through the SEC's electronic filing system.
- [F4]Nature of beneficial ownership: James E. Crabbe, Individually = 4,574,066; Holder of voting power for: Richard S. Huson GST Exempt Trust U/T/A dated 9/4/98 = 19,424; Richard S. Huson Marital Trust U/T/A dated 9/4/98 = 309,068; Yvonne M. Huson, Individually = 643,958; TOTAL = 5,546,516. The "*" has no meaning and is provided in this Form 4 for the sole purpose of ensuring that this Form 4 will be accepted through the SEC's electronic filing system.
- [F5]As previously reported, on February 19, 1999, the James E. Crabbe Revocable Trust (the "Trust") entered into a Subscription Agreement (the "February Subscription") pursuant to which VendingData Corporation (the "Company") issued a 9.5% Convertible Note (the "February Note"). The Trust has the ability to convert the February Note at its option until the February Note is paid in full. The "*" has no meaning and is provided in this Form 4 for the sole purpose of ensuring that this Form 4 will be accepted through the SEC's electronic filing system.
- [F6]As previously reported, on March 23, 1999, the Trust entered into a Subscription Agreement (the "March Subscription") pursuant to which the Company issued a 9.5% Convertible Note (the "March Note"). The Trust has the ability to convert the March Note at its option until the March Note is paid in full. The "*" has no meaning and is provided in this Form 4 for the sole purpose of ensuring that this Form 4 will be accepted through the SEC's electronic filing system.
- [F7]As previously reported, on May 30, 2000, the Trust entered into a Subscription Agreement (the "May Subscription") pursuant to which the Company issued a 9.5% Convertible Note (the "May Note") to the Trust. On August 26, 2002, the May Note was cancelled and replaced with a short-term, non-convertible note. Pursuant to the May Subscription and the May Note, the Trust was issued a warrant to purchase 250,000 shares of the Company's common stock ("Common Stock") at an exercise price of $2.60 per share. As a result of the Company's 1-for-5 reverse stock split, which became effective on January 3, 2003 (the "Reverse Split"), this warrant now may be exercised to purchase 50,000 shares of Common Stock at an exercise price of $13.00 per share. The warrant is fully vested and is exercisable until August 26, 2003. The "*" has no meaning and is provided in this Form 4 for the sole purpose of ensuring that this Form 4 will be accepted through the SEC???s electronic filing system.
- [F8]As previously reported, on July 14, 2000, the Company granted Mr. Crabbe an option pursuant to its 1999 Directors' Stock Option Plan (the "Plan") to purchase 1,000 shares of Common Stock at an exercise price of $2.60 per share. As a result of the Reverse Split, this option now may be exercised to purchase 200 shares of Common Stock at an exercise price of $13.00 per share. The option is fully vested and exercisable and expires on the later of July 14, 2010 or three months after Mr. Crabbe ceases to serve as a director of the Company.
- [F9]As previously reported, on January 1, 2001, the Company granted Mr. Crabbe an option pursuant to the Plan to purchase 1,000 shares of Common Stock at an exercise price of $2.60 per share. As a result of the Reverse Split, this option now may be exercised to purchase 200 shares of Common Stock at an exercise price of $13.00 per share. The option is fully vested and exercisable and expires on the later of January 1, 2011 or three months after Mr. Crabbe ceases to serve as a director of the Company.
Documents
Issuer
VENDINGDATA CORP
CIK 0001004673
Entity typeother
IncorporatedOR
Related Parties
1- filerCIK 0001088037
Filing Metadata
- Form type
- 4
- Filed
- Jun 19, 8:00 PM ET
- Accepted
- Jun 20, 6:34 PM ET
- Size
- 23.5 KB