VILLAGEEDOCS INC 4

4 · VILLAGEEDOCS INC · Filed Jan 31, 2007

Form 4

Period: 2007-01-30

DirectorE.V.P. Corporate Development

Transactions

Expiration
Stock Option
2007-01-30$0.19/sh−686,325$130,402→ 6,499,999 total
Exercise: $0.19Exp: 2007-01-30→ Common Stock (686,325 underlying)
Award
Stock Option
2007-01-30$0.19/sh+686,325$130,402→ 6,499,999 total
Exercise: $0.19From: 2008-01-30Exp: 2014-01-30→ Common Stock (686,325 underlying)

Holdings

Warrant
Exercise: $0.15From: 2005-04-01Exp: 2015-04-01→ Common Stock (350,000 underlying)
6,499,999
Stock Option
Exercise: $0.20From: 1997-11-06Exp: 2007-11-06→ Common Stock (200,000 underlying)
6,499,999
Common Stock
198,000

Footnotes (8)

[F10]The strike price of the option is $0.16 (fair value on date of grant) and the option is fully vested.
[F2]The Company amended the option on 12-27-2005 to accelerate vesting of the remaining unvested portion of the option. Originally, the option provided for vesting at 20% per year from 10/1/2001.
[F3]The Company amended the option on 12-27-2005 to accelerate vesting of the remaining unvested portion of the option. Originally, the option provided for vesting at 20% per year from 5/26/2003
[F4]The Company amended the option on 12-27-2005 to accelerate vesting of the remaining unvested portion of the option. Originally, the option provided for vesting at 20% per year from 5/26/2003
[F5]The Company amended the option on 12-27-2005 to accelerate vesting of the remaining unvested portion of the option. Originally, the option provided for vesting at 70,000, 105,000, 70,000, and 105,000 shares on 6/30/05, 4/1/06, 4/1/07, and 4/1/08, respectively.
[F6]Options may be exercised at any time during the seven year period following vesting
[F8]Issued in connection with the Company's acquisition of Phoenix Forms Inc.
[F9]The Company amended the option on 12-27-2005 to accelerate vesting of the remaining unvested portion of the option. Originally, the option provided for vesting at 20% per year from 1/30/2002

Documents

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