VENDINGDATA CORP 4

Accession 0001019687-03-001877

CIK 0001004673operating

View on SEC.gov Company Profile

Filed

Sep 10, 8:00 PM ET

Accepted

Sep 11, 6:19 PM ET

Size

21.4 KB

Accession

0001019687-03-001877

Insider Transaction Report

Form 4

Period: 2003-09-09

VENDINGDATA CORPVNDC

SMITH BOB L

Director

Transactions

Other
Common Stock
2003-09-09−200→ 0 total(indirect: See Note)
Award
Option/Right to Buy
2003-09-09+50,000→ 50,000 total
Exercise: $2.50From: 2004-03-10Exp: 2008-09-09→ Common Stock (50,000 underlying)

Holdings

Common Stock
164,012
Option/Right to Buy
Exercise: $13.00From: 2001-01-15→ Common Stock (400 underlying)
400
Option/Right to Buy
Exercise: $13.00From: 2001-01-15→ Common Stock (200 underlying)
200
9.5% Convertible Note
(indirect: See Note)
Exercise: $1.75From: 2004-01-01→ Common Stock (28,572 underlying)
28,572
Option/Right to Buy
Exercise: $4.30→ Common Stock (11,000 underlying)
11,000
9.5% Convertible Note
(indirect: See Note)
Exercise: $1.75From: 2004-01-01→ Common Stock (57,143 underlying)
57,143
Warrant
(indirect: See Note)
Exercise: $1.75From: 2004-01-01→ Common Stock (5,000 underlying)
5,000
Warrant
(indirect: See Note)
Exercise: $1.75From: 2004-01-01→ Common Stock (2,500 underlying)
2,500
Common Stock
(indirect: See Note)
199,018

Footnotes (16)

[F1]The shares disposed of represent 200 shares of common stock (the "Common Stock") of VendingData Corporation (the "Company"), post January 3, 2003 1-for-5 reverse stock split (the "Reverse Stock Split"), held in the name of Bob L. Smith's daughter, Christina. Pursuant to the provisions of Rule 16a-1(a)(2)(ii)(A), these shares are represented as no longer being beneficially owned by Mr. Smith.
[F10]As previously reported, the warrants expire one year after the conversion or repayment of the I.C.D. December Note. The warrant is exercisable until one year after the conversion or repayment of the I.C.D. December Note.
[F11]As previously reported, on December 31, 2002, VIP's entered into a Subscription Agreement (the "VIP's December Subscription") pursuant to which the Company issued a 9.5% Convertible Note (the "VIP's December Note"). The VIP's December Note was in the amount of $49,999.95 and cancelled and replaced various short-term, non-convertible notes that the Company had previously issued to VIP's. As a result of the Reverse Stock Split, VIP's now holds 28,572 convertible shares, rather than 142,857 convertible shares, and the per share conversion price of this convertible note has been proportionally increased from $.35 per share to $1.75 per share. VIP's has the ability to convert the VIP's December Note at its option until the VIP's December Note is paid in full.
[F12]As previously reported, pursuant to the VIP's December Subscription and the VIP's December Note, VIP's was issued a warrant to purchase 12,500 shares of Common Stock at an exercise price of $.35 per share. As a result of the Reverse Stock Split, VIP's now holds 2,500 warrants, rather than 12,500 warrants, and the per share exercise price of these warrants has been proportionally increased from $.35 per share to $1.75 per share.
[F13]As previously reported, the warrants expire one year after the conversion or repayment of the VIP's December Note. The warrant is exercisable until one year after the conversion or repayment of the VIP's December Note.
[F14]On September 9, 2003, and pursuant to the Plan, the Company granted to Mr. Smith an option to purchase 50,000 shares of Common Stock at an exercise price of $2.50 per share. Pursuant to the Plan, the Company granted the option to Mr. Smith in consideration of his services as a member of the Company's Board of Directors.
[F15]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.
[F16]No such date 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.
[F2]Nature of beneficial ownership: Bob L. Smith = 164,012; VIP's Industries, Inc. ("VIP's") = 199,018: TOTAL: 363,030. As a result of the Reverse Stock Split, all derivative and non-derivative holdings reflected herein have been reduced by a ratio of 1-for-5. All fractional shares have been rounded up to the next whole share. All prices reflected herein also reflect a proportionate adjustment.
[F3]As previously reported, on January 4, 1999, Mr. Smith purchased from Richard Huson, at a price of $.71 per share, the option to purchase 55,000 shares of Common Stock of the Company at an exercise price of $.86 per share. As a result of the Reverse Stock Split, Mr. Smith now holds 11,000, rather than 55,000 of these options, and the price of these options has been proportionally increased from $.86 per share to $4.30 per share.
[F4]As previously reported, on September 13, 1999, the Company granted Mr. Smith an option pursuant to its 1999 Directors' Stock Option Plan (the "Plan") to purchase 2,000 shares of Common Stock at an exercise price of $2.60 per share. As a result of the Reverse Stock Split, Mr. Smith now holds 400, rather than 2,000 of these options, and the price of these options has been proportionally increased from $2.60 per share to $13.00 per share. The option is fully vested and exercisable and expires on the later of September 13, 2009 or three months after Mr. Smith ceases to serve as a director of the Company.
[F5]As previously reported, on January 1, 2000, the Company granted Mr. Smith 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 Stock Split, Mr. Smith now holds 200, rather than 1,000 of these options, and the price of these options has been proportionally increased from $2.60 per share to $13.00 per share. The option is fully vested and exercisable and expires on the later of January 1, 2010 or three months after Mr. Smith ceases to serve as a director of the Company.
[F6]As previously reported, on January 1, 2001, the Company granted Mr. Smith 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 Stock Split, Mr. Smith now holds 200, rather than 1,000 of these options, and the price of these options has been proportionally increased from $2.60 per share to $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. Smith ceases to serve as a director of the Company.
[F7]As previously reported, on January 1, 2002, the Company granted to Mr. Smith an option pursuant to the Plan to purchase 1,000 shares of Common Stock at an exercise price of $.35 per share. As a result of the Reverse Stock Split, Mr. Smith now holds 200, rather than 1,000 of these options, and the price of these options has been proportionally increased from $2.60 per share to $13.00 per share. The option is fully vested and exercisable and expires on the later of January 1, 2012 or three months after Mr. Smith ceases to serve as a director of the Company.
[F8]As previously reported on December 31, 2002, I.C.D., Inc. ("I.C.D."), a corporation controlled by Mr. Smith, entered into a Subscription Agreement (the "I.C.D. December Subscription") pursuant to which the Company issued a 9.5% Convertible Note (the "I.C.D. December Note"). The I.C.D. December Note was in the amount of $99,999.90 and cancelled and replaced various short-term, non-convertible notes that the Company had previously issued to I.C.D. As a result of the Reverse Stock Split, I.C.D. now holds 57,143 convertible shares, rather than 285,714 convertible shares, and the per share conversion price of this convertible note has been proportionally increased from $.35 per share to $1.75 per share. I.C.D. has the ability to convert the I.C.D. December Note at its option until the December Note is paid in full.
[F9]As previously reported, pursuant to the I.C.D. December Subscription and the I.C.D. December Note, I.C.D. was issued a warrant to purchase 25,000 shares of Common Stock at an exercise price of $.35 per share. As a result of the Reverse Stock Split, I.C.D. now holds 5,000 warrants, rather than 25,000 warrants, and the per share exercise price of these warrants has been proportionally increased from $.35 per share to $1.75 per share.

Documents

1 file

4
edgar.xmlPrimary
PRIMARY DOCUMENT

Issuer

VENDINGDATA CORP

CIK 0001004673

→

Entity typeoperating

IncorporatedNV

Related Parties

filerCIK 0001004673

Filing Metadata

Form type: 4
Filed: Sep 10, 8:00 PM ET
Accepted: Sep 11, 6:19 PM ET
Size: 21.4 KB

View on SEC.gov