4//SEC Filing
JAMES E CRABBE REVOCABLE TRUST 4
Accession 0001019687-03-001870
CIK 0001004673other
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 1:30 PM ET
Size
14.4 KB
Accession
0001019687-03-001870
Insider Transaction Report
Form 4
VENDINGDATA CORPVNDC
JAMES E CRABBE REVOCABLE TRUST
Director10% Owner
Transactions
- Expiration
Warrant
2003-08-26−50,000→ 0 total(indirect: See Note)Exercise: $13.00From: 2001-05-30Exp: 2003-08-26→ Common Stock (50,000 underlying)
Holdings
- 200
Option/Right to Buy
Exercise: $13.00From: 2001-01-15→ Common Stock (200 underlying) - 5,546,516(indirect: See Note)
Common Stock
- 30,770(indirect: See Note)
9.5% Convertible Note
Exercise: $13.00From: 1999-09-23→ Common Stock (30,770 underlying) - 57,693(indirect: See Note)
9.5% Convertible Note
Exercise: $13.00From: 1999-09-01→ Common Stock (57,693 underlying) - 2,257,141(indirect: See Note)
9.5% Convertible Note
Exercise: $1.75From: 2004-01-01→ Common Stock (2,257,141 underlying)
Footnotes (9)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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 became exercisable for the purchase of 50,000 shares of Common Stock at an exercise price of $13.00 per share. The warrant expired on August 26, 2003.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]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.
- [F9]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.
Documents
Issuer
VENDINGDATA CORP
CIK 0001004673
Entity typeother
IncorporatedOR
Related Parties
1- filerCIK 0001088037
Filing Metadata
- Form type
- 4
- Filed
- Sep 9, 8:00 PM ET
- Accepted
- Sep 10, 1:30 PM ET
- Size
- 14.4 KB