WOODVILLE LLC 4
4 · VELOCITY EXPRESS CORP · Filed Oct 28, 2003
Insider Transaction Report
Form 4
WOODVILLE LLC
10% Owner
Transactions
- Purchase
Series I Convertible Preferred Stock
2003-10-24$1.50/sh+150,000$225,000→ 150,000 totalExercise: $0.15→ Common Stock (1,500,000 underlying)
Holdings
- 45,454
Series F Convertible Preferred Stock
From: 2001-10-22→ Common Stock (591,777 underlying) - 25,000
Series H Convertible Preferred Stock
From: 2003-09-18→ Common Stock (555,555 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 and Series H Convertible Preferred Stock are convertible upon exercise increased pursuant to antidilution provisions in the preferred instruments.
- [F4]Conversion of the Series I Convertible Preferred Stock into Common Stock requires shareholder approval.