HERZOG KEVIN D 4
4 · VITALSTREAM HOLDINGS INC · Filed Oct 2, 2003
Insider Transaction Report
Form 4
HERZOG KEVIN D
Chief Financial Officer
Transactions
- Award
Series A Preferred Stock
2003-09-30$1000.00/sh+50$50,000→ 50 totalExercise: $0.23→ Common Stock (212,766 underlying) - Award
Stock Warrants (Rights to Buy)
2003-09-30+41,667→ 755,623 totalExercise: $0.30From: 2003-10-01Exp: 2006-09-30→ Common Stock (41,667 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