SMITH STEPHEN JAMES 4
4 · VITALSTREAM HOLDINGS INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4
SMITH STEPHEN JAMES
Chief Technical Officer
Transactions
- Award
Stock Warrants (Rights to Buy)
2003-09-30+20,833→ 504,789 totalExercise: $0.30From: 2003-10-01Exp: 2006-09-30→ Common Stock (20,833 underlying) - Award
Series A Preferred Stock
2003-09-30$1000.00/sh+25$25,000→ 25 totalExercise: $0.23→ Common Stock (106,383 underlying)
Footnotes (3)
- [F1]The securities were purchased at a price of $1,000 per unit consisting of one share of Series A Preferred Stock and a warrant to purchase 833.33 shares of Common Stock
- [F2]Each share of Series A Preferred Stock has a liquidation value of $1,000 and is convertible into 4,255.32 shares of Common Stock
- [F3]Series A Preferred shares have no restrictions on vesting or expiration date, but are redeemable at the option of VitalStream Holdings, Inc. after September 30, 2009