VILLAGEEDOCS INC 4
4 · VILLAGEEDOCS INC · Filed Oct 15, 2004
Insider Transaction Report
Form 4
VILLAGEEDOCS INCVEDO
CONNER MASON K
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2004-10-15$0.13/sh+5,000$625→ 5,912,832 total - Purchase
Common Stock
2004-10-14$0.13/sh+10,000$1,300→ 5,907,832 total
Holdings
- 5,917,832(indirect: By Trust)
Stock Option
Exercise: $0.15→ Common Stock (3,500,000 underlying)
Footnotes (5)
- [F1]The options vest and become exercisable over the five year period beginning June 10, 2004 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 options 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.