VILLAGEEDOCS INC 4
4 · VILLAGEEDOCS INC · Filed Jan 31, 2007
Insider Transaction Report
Form 4
VILLAGEEDOCS INCVEDO
CONNER MASON K
DirectorChief Executive Officer
Transactions
- Expiration
Stock Option
2007-01-30$0.19/sh−1,719,658$326,735→ 8,209,438 total(indirect: By Trust)Exercise: $0.19From: 2007-01-30Exp: 2007-01-30→ Common Stock (1,719,658 underlying) - Award
Stock Option
2007-01-30$0.19/sh+1,719,658$326,735→ 8,209,438 total(indirect: By Trust)Exercise: $0.19From: 2008-01-30Exp: 2014-01-30→ Common Stock (1,719,658 underlying)
Holdings
- 8,209,438(indirect: By Trust)
Stock Option
Exercise: $0.15→ Common Stock (3,500,000 underlying) - 124,106
Common Stock
- 8,209,438(indirect: By Trust)
Warrant
Exercise: $0.15From: 2005-04-01Exp: 2015-04-01→ Common Stock (200,000 underlying)
Footnotes (5)
- [F1]The Company amended the option on 12-27-2005 to accelerate vesting of the remaining unvested portion of the option. Originally, the option vested 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 at any time 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 Company amended the option on 12-27-2005 to accelerate vesting of the unvested portion of the option. Originally, the option provided for vesting at a rate of 6,907 shares per year over a five year period that began on October 1, 2001.