EAST RIVER VENTURES II L P 4
4 · VELOCITY EXPRESS CORP · Filed Aug 25, 2004
Insider Transaction Report
Form 4
EAST RIVER VENTURES II L P
10% Owner
Holdings
- 233,333
Series I Convertible Preferred Stock
→ Common Stock (3,167,418 underlying) - 118,181
Series F Convertible Preferred Stock
From: 2001-09-05→ Common Stock (3,200,364 underlying) - 32,500
Series H Convertible Preferred Stock
From: 2003-09-18→ Common Stock (1,503,237 underlying) - 416,666
Series J Convertible Preferred Stock
→ Common Stock (4,650,290 underlying)
Footnotes (4)
- [F1]Not applicable
- [F2]None
- [F3]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 F, Series H and Series I and Series J Convertible Preferred Stock are convertible upon conversion increased pursuant to antidilution provisions in the preferred instruments.
- [F4]Conversion of the Series I and Series J Convertible Preferred Stock into Common Stock requires shareholder approval.