MEDIABAY INC 4

4 · MEDIABAY INC · Filed May 26, 2004

Form 4

Period: 2004-05-25

DirectorExec VP & Asst Secretary

Transactions

Other
Common Stock
2004-05-25−2,964,180→ 0 total(indirect: By Trust)
Other
Convertible Senior Subordinated Note Due September 30, 2007
2004-05-25→ 0 total(indirect: By Trust)
Exercise: $0.56From: 2002-10-03Exp: 2007-09-30→ Common Stock (892,857 underlying)
Other
Series A Convertible Preferred Stock
2004-05-25→ 0 total(indirect: By Trust)
Exercise: $0.56→ Common Stock (4,464,285 underlying)

Footnotes (3)

[F1]On May 25, 2004, the N. Herrick Irrevocable ABC Trust ("Trust"), of which the Reporting Person is the trustee, distributed 2,964,180 shares of Common Stock of the Issuer to Norton Herrick, the beneficiary of the Trust. The Reporting Person previously reported these shares as indirectly beneficially owned by the Reporting Person as trustee of the Trust.
[F2]On May 25, 2004, the Trust distributed to Norton Herrick, the beneficiary of the Trust, the $500,000 Convertible Senior Subordinated Note Due September 30, 2007 (the "Trust Note"), which is convertible into 892,857 shares of Common Stock, and 25,000 shares of Series A Convertible Preferred Stock ("Series A Preferred Stock"), which is convertible into 4,464,285 shares of Common Stock. The Reporting Person previously reported the Trust Note and the Series A Preferred Stock as indirectly beneficially owned by the Reporting Person as trustee of the Trust.
[F3]The Series A Preferred Stock is convertible immediately and has no expiration date.

Documents

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