SENECA VENTURES 4
4 · NETWORK 1 SECURITY SOLUTIONS INC · Filed Apr 15, 2004
Insider Transaction Report
Form 4
SENECA VENTURES
10% Owner
Transactions
- Other
Series E Convertible Preferred Stock
2004-04-13−165,094→ 0 total→ Common Stock (412,735 underlying) - Other
Common Stock
2004-04-13+412,735→ 619,983 total - Other
Common Stock
2004-04-13+73,468→ 207,248 total - Other
Series D Convertible Preferred Stock
2004-04-13−34,689→ 0 total→ Common Stock (73,468 underlying)
Footnotes (3)
- [F1]Pursuant to an Exchange Agreement by and among the Company and the holders of the Company's Series D Convertible Preferred Stock and Series E Convertible Preferred Stock, the Series D Convertible Preferred Stock and the Series E Convertible Preferred Stock owned by the Reporting Person were exchanged for shares of Common Stock.
- [F2]The Series D Convertible Preferred Stock and the Series E Convertible Preferred Stock became convertible upon issuance.
- [F3]The Series D Convertible Preferred Stock and the Series E Convertible Preferred Stock do not have an expiration date.