HSIEH DOUGLAS 4

Accession 0001181431-04-060700

CIK 0001002902other

Filed

Dec 22, 7:00 PM ET

Accepted

Dec 23, 5:21 PM ET

Size

23.8 KB

Accession

0001181431-04-060700

Form 4

Period: 2004-12-21

Director10% Owner

Transactions

Award
Series K Convertible Preferred Stock
2004-12-21$1.50/sh+2,584,799$3,877,199→ 9,851,466 total(indirect: See note)
→ Common Stock (27,813,485 underlying)
Award
Series L Convertible Preferred Stock
2004-12-21$1.00/sh+70,000,000$70,000,000→ 70,000,000 total(indirect: See note)
→ Common Stock (70,000,000 underlying)
Award
Series M Convertible Preferred Stock
2004-12-21$0.74/sh+27,123,187$20,000,638→ 27,123,187 total(indirect: See note)
→ Common Stock (106,005,724 underlying)
Award
Warrants to Purchase Common Stock
2004-12-21$0.00/sh+9,677,553$968→ 9,677,553 total(indirect: See note)
→ Common Stock (9,677,553 underlying)

Holdings

Series G Convertible Preferred Stock
(indirect: See note)
From: 2003-09-18→ Common Stock (4,098,358 underlying)
3,333,333
Series I Convertible Preferred Stock
(indirect: See note)
→ Common Stock (187,401,308 underlying)
12,643,332
Series C Convertible Preferred Stock
(indirect: See note)
From: 2000-09-22→ Common Stock (11,961,152 underlying)
2,000,000
Series H Convertible Preferred Stock
(indirect: See note)
From: 2003-09-18→ Common Stock (9,949,467 underlying)
196,900
Series D Convertible Preferred Stock
(indirect: See note)
From: 2001-09-05→ Common Stock (14,873,503 underlying)
1,017,538
Series B Convertible Preferred Stock
(indirect: See note)
From: 2000-05-31→ Common Stock (241,210,241 underlying)
2,806,797
Series J Convertible Preferred
(indirect: See note)
→ Common Stock (77,238,216 underlying)
6,333,534

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]The number of shares of Common Stock into which the shares of Series B, Series C, Series D, Series G, Series H, Series I, Series J and Series K Convertible Preferred Stock are convertible upon exercise of such series of Convertible Preferred Stock increased pursuant to antidilution provisions in the preferred 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.
[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

1 file

VELOCITY EXPRESS CORP

CIK 0001002902

Entity typeother