4//SEC Filing
LAPP WILLIAM S 4
Accession 0001256401-04-000010
CIK 0001002902other
Filed
Feb 17, 7:00 PM ET
Accepted
Feb 18, 4:59 PM ET
Size
9.7 KB
Accession
0001256401-04-000010
Insider Transaction Report
Form 4
LAPP WILLIAM S
10% Owner
Transactions
- Other
Series I Convertible Preferred Stock
2004-02-13+1,924→ 151,924 totalExercise: $0.15→ Common Stock (151,924 underlying) - Other
Series I Convertible Preferred Stock
2004-02-13+10,905→ 860,905 total(indirect: By Trust)Exercise: $0.15→ Common Stock (860,905 underlying)
Holdings
- 10,000
Common Stock
Footnotes (4)
- [F1]Issuance and conversion of the Series I Convertible Preferred Stock into Common Stock requires shareholder approval.
- [F2]None.
- [F3]On February 13, 2004, Velocity Express issued warrants to purchase Common Stock. Pursuant to anti-dilution provisions of the Series I Convertible Preferred Stock, this issuance had the effect of increasing the number of shares of Common Stock into which the Series I Convertible Preferred Stock will be convertible upon shareholder approval. On December 23, 2003, Mr. Lapp filed a Form 3 reporting that on aggregate, he owned Series I Convertible Preferred Stock that at an exercise price of $.015 per share, converted into 1,000,000 shares of Common Stock. This Form 4 is being filed to report that on aggregate, his shares of Series I Convertible Preferred Stock, exercisable at a price of $0.1481 per share, now convert into an additional 12,829 shares of Common Stock.
- [F4]Shares held for the benefit of Mr. Lapp by Marshall & Ilsley Trust Company N.A., as trustee of the Lapp, Libra, Thomson, Stobner & Pusch Chartered Money Purchase Pension Plan.
Documents
Issuer
VELOCITY EXPRESS CORP
CIK 0001002902
Entity typeother
Related Parties
1- filerCIK 0001184424
Filing Metadata
- Form type
- 4
- Filed
- Feb 17, 7:00 PM ET
- Accepted
- Feb 18, 4:59 PM ET
- Size
- 9.7 KB