EAST RIVER VENTURES II L P 4

4 · VELOCITY EXPRESS CORP · Filed Dec 23, 2004

Form 4

Period: 2004-12-21

10% Owner

Holdings

Series I Convertible Preferred Stock
→ Common Stock (3,458,495 underlying)
233,333
Series F Convertible Preferred Stock
From: 2001-09-05→ Common Stock (3,495,531 underlying)
118,181
Series H Convertible Preferred Stock
From: 2003-09-18→ Common Stock (1,642,243 underlying)
32,500
Series J Convertible Preferred Stock
→ Common Stock (5,081,292 underlying)
416,666

Footnotes (4)

[F1]Not applicable
[F2]None
[F3]The number of shares of Common Stock into which the shares of Series F, Series H, Series I and Series J Convertible Preferred Stock are convertible upon conversion increased pursuant to antidilution provisions in the instruments as a result of the following events that occurred on December 21, 2004: (1) the sale to investors of the right to receive 2,584,799 shares of Series K Convertible Preferred Stock; (2) the sale to investors of the right to receive 7,000,000 shares of Series L Convertible Preferred Stock; and (3) the issuance of a warrant to purchase 9,677,553 shares of common stock. The issuance of securities related to the above events is subject to shareholder approval.
[F4]Conversion of the Series I and Series J Convertible Preferred Stock into Common Stock requires shareholder approval.

Documents

1 file