TIES MARK E 4
4 · VELOCITY EXPRESS CORP · Filed Oct 28, 2003
Insider Transaction Report
Form 4
TIES MARK E
CFO & Treasurer
Transactions
- Purchase
Series I Convertible Preferred Stock
[F4][F2]2003-10-24$1.50/sh+22,433$33,650→ 22,433 totalExercise: $0.15→ Common Stock (224,330 underlying)
Holdings
- 2,000
Series F Convertible Preferred Stock
[F1][F2][F3]From: 2001-09-05→ Common Stock (26,038 underlying) - 40,000
Series G Convertible Preferred Stock
[F1][F2][F3]From: 2003-09-18→ Common Stock (21,637 underlying) - 900
Series H Convertible Preferred Stock
[F1][F2][F3]From: 2003-09-18→ Common Stock (19,999 underlying)
Footnotes (4)
- [F1]Not applicable
- [F2]None
- [F3]As a result of the issuance of Series I Convertible Preferred Stock, the number of shares of Common Stock into which the shares of Series F, Series G and Series H Convertible Preferred Stock are convertible upon exercise of such series of Convertible Preferred Stock increased pursuant to antidilution provisions in the preferred instruments.
- [F4]Conversion of the Series I Convertible Preferred Stock into Common Stock requires shareholder approval.
Signature
Mark E. Ties|2003-10-27