EAST RIVER VENTURES II L P 4
4 · VELOCITY EXPRESS CORP · Filed Apr 27, 2004
Insider Transaction Report
Form 4
EAST RIVER VENTURES II L P
10% Owner
Holdings
- 233,333
Series I Convertible Preferred Stock
→ Common Stock (2,560,349 underlying) - 118,181
Series F Convertible Preferred Stock
From: 2001-09-05→ Common Stock (2,589,102 underlying) - 32,500
Series H Convertible Preferred Stock
From: 2003-09-18→ Common Stock (1,215,862 underlying)
Footnotes (4)
- [F1]Not applicable
- [F2]None
- [F3]As a result of the sale to investors on April 23, 2004 of the right to receive 1,918,333 shares of Series J Convertible Preferred Stock upon shareholder approval, the number of shares of Common Stock into which the shares of Series F, Series H and Series I 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.