Home/Filings/4/0001256401-04-000012
4//SEC Filing

LAPP WILLIAM S 4

Accession 0001256401-04-000012

CIK 0001002902other

Filed

Apr 20, 8:00 PM ET

Accepted

Apr 21, 10:27 AM ET

Size

9.9 KB

Accession

0001256401-04-000012

Insider Transaction Report

Form 4
Period: 2004-04-19
Transactions
  • Other

    Series J Convertible Preferred Stock

    2004-04-19$0.15/sh+40,000$6,0001,900,000 total
    Exercise: $0.15Common Stock (1,900,000 underlying)
Holdings
  • Series I Convertible Preferred Stock

    Exercise: $0.14Common Stock (156,903 underlying)
    156,903
  • Common Stock

    10,000
  • Series I Convertible Preferred Stock

    (indirect: By Trust)
    Exercise: $0.14Common Stock (889,122 underlying)
    889,122
Footnotes (5)
  • [F1]Issuance and conversion of the Series I and J Convertible Preferred Stock into Common Stock requires shareholder approval.
  • [F2]None.
  • [F3]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.
  • [F4]As a result of the April 19, 2004 Velocity Express sale to investors of the right to receive 353,130 shares of Series J Convertible Preferred Stock upon shareholder approval, the number of shares of common stock into which the Series I Convertible Preferred Stock are convertible upon exercise increased pursuant to anti-dilution provisions.
  • [F5]Price subject to adjustment as provided in the Certificate of Designation of Preferences and Rights of Series J Convertible Preferred Stock.

Issuer

VELOCITY EXPRESS CORP

CIK 0001002902

Entity typeother

Related Parties

1
  • filerCIK 0001184424

Filing Metadata

Form type
4
Filed
Apr 20, 8:00 PM ET
Accepted
Apr 21, 10:27 AM ET
Size
9.9 KB