HSIEH DOUGLAS 4

4 · VELOCITY EXPRESS CORP · Filed Aug 25, 2004

Form 4

Period: 2004-08-23

Director10% Owner

Transactions

Award
Series K Convertible Preferred Stock
2004-08-23$1.50/sh+7,266,666$10,899,999→ 7,266,666 total(indirect: See note)
→ Common Stock (72,666,660 underlying)

Holdings

Series I Convertible Preferred Stock
(indirect: See note)
→ Common Stock (171,629,071 underlying)
12,643,332
Series J Convertible Preferred
(indirect: See note)
→ Common Stock (70,686,759 underlying)
6,333,534
Series G Convertible Preferred Stock
(indirect: See note)
From: 2003-09-18→ Common Stock (3,752,063 underlying)
3,333,333
Series C Convertible Preferred Stock
(indirect: See note)
From: 2000-09-22→ Common Stock (10,933,555 underlying)
2,000,000
Series D Convertible Preferred Stock
(indirect: See note)
From: 2001-09-05→ Common Stock (13,585,936 underlying)
1,017,538
Series B Convertible Preferred Stock
(indirect: See note)
From: 2000-05-31→ Common Stock (22,059,766 underlying)
2,806,797
Series H Convertible Preferred Stock
(indirect: See note)
From: 2003-09-18→ Common Stock (9,107,306 underlying)
196,900

Footnotes (5)

[F1]The securities reported on this Form 4 are directly held by one or more of the following entities related to TH Lee Putnam Ventures LP: TH Lee Putnam Ventures, L.P. (f/k/a TH Lee.Putnam Internet Partners, L.P.), TH Lee Putnam Parallel Ventures, L.P. (f/k/a TH Lee.Putnam Internet Parallel Partners, L.P.), THLi Coinvestment Partners, LLC and Blue Star I, LLC, collectively "THLPV."
[F2]As a result of the sale to investors on August 23, 2004 of the right to receive 7,266,666 shares of Series K Convertible Preferred Stock upon shareholder approval, the number of shares of Common Stock into which the shares of Series B, Series C, Series D, Series G, Series H, Series I and Series J Convertible Preferred Stock are convertible upon exercise of such series of Convertible Preferred Stock increased pursuant to antidilution provisions in the preferred instruments.
[F3]Conversion of the Series I, Series J and Series K Convertible Preferred Stock into Common Stock requires shareholder approval.
[F4]Not applicable
[F5]None

Documents

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