VELOCITY EXPRESS CORP 4
4 · VELOCITY EXPRESS CORP · Filed Oct 28, 2003
Insider Transaction Report
Form 4
KRONICK ANDREW B
SVP National Accts & Logistics
Transactions
- Purchase
Series I Convertible Preferred Stock
2003-10-24$1.50/sh+21,766$32,649→ 21,766 totalExercise: $0.15→ Common Stock (217,660 underlying)
Holdings
- 18,181
Series F Convertible Preferred Stock
From: 2001-09-05→ Common Stock (236,703 underlying)
Footnotes (4)
- [F1]Not applicable
- [F2]None
- [F3]As a result of the issuance Series I Convertible Preferred Stock, the number of shares of Common Stock into which the shares of Series F Convertible Preferred Stock are convertible upon exercise increased pursuant to antidilution provisions in the preferred instrument.
- [F4]Conversion of the Series I Convertible Preferred Stock into Common Stock requires shareholder approval.