CONNOR K MASON 4
4 · VILLAGEEDOCS INC · Filed Sep 27, 2004
Insider Transaction Report
Form 4
VILLAGEEDOCS INCVEDO
CONNER MASON K
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2004-09-24$0.14/sh+2,500$350→ 5,892,832 total
Holdings
- 5,892,832(indirect: By Trust)
Stock Option
Exercise: $0.15→ Common Stock (3,500,000 underlying)
Footnotes (5)
- [F1]The shares vest and become exercisable over a five year period at a rate of 700,000 shares per year. Pursuant to the reporting person's employment agreement, vesting may be accelerated upon termination or change in corporate control.
- [F2]The shares may be exercised during the seven year period after vesting
- [F3]By Conner Living Trust
- [F4]The options vest and become exercisable at a rate of 6,228 shares per year over a five year period that began on August 4, 2000.
- [F5]The options vest and become exercisable at a rate of 6,907 shares per year over a five year period that began on October 1, 2001.