Home/Filings/4/0001019687-03-001870
4//SEC Filing

JAMES E CRABBE REVOCABLE TRUST 4

Accession 0001019687-03-001870

CIK 0001004673other

Filed

Sep 9, 8:00 PM ET

Accepted

Sep 10, 1:30 PM ET

Size

14.4 KB

Accession

0001019687-03-001870

Insider Transaction Report

Form 4
Period: 2003-08-26
Transactions
  • Expiration

    Warrant

    2003-08-2650,0000 total(indirect: See Note)
    Exercise: $13.00From: 2001-05-30Exp: 2003-08-26Common Stock (50,000 underlying)
Holdings
  • Option/Right to Buy

    Exercise: $13.00From: 2001-01-15Common Stock (200 underlying)
    200
  • Common Stock

    (indirect: See Note)
    5,546,516
  • 9.5% Convertible Note

    (indirect: See Note)
    Exercise: $13.00From: 1999-09-23Common Stock (30,770 underlying)
    30,770
  • 9.5% Convertible Note

    (indirect: See Note)
    Exercise: $13.00From: 1999-09-01Common Stock (57,693 underlying)
    57,693
  • 9.5% Convertible Note

    (indirect: See Note)
    Exercise: $1.75From: 2004-01-01Common Stock (2,257,141 underlying)
    2,257,141
Footnotes (9)
  • [F1]Nature of beneficial ownership: James E. Crabbe, Individually = 4,574,066; Holder of voting power for: Richard S. Huson GST Exempt Trust U/T/A dated 9/4/98 = 19,424; Richard S. Huson Marital Trust U/T/A dated 9/4/98 = 309,068; Yvonne M. Huson, Individually = 643,958; TOTAL = 5,546,516.
  • [F2]As previously reported, on February 19, 1999, the James E. Crabbe Revocable Trust (the "Trust") entered into a Subscription Agreement (the "February Subscription") pursuant to which VendingData Corporation (the "Company") issued a 9.5% Convertible Note (the "February Note"). The Trust has the ability to convert the February Note at its option until the February Note is paid in full.
  • [F3]As previously reported, on March 23, 1999, the Trust entered into a Subscription Agreement (the "March Subscription") pursuant to which the Company issued a 9.5% Convertible Note (the "March Note"). The Trust has the ability to convert the March Note at its option until the March Note is paid in full.
  • [F4]As previously reported, on May 30, 2000, the Trust entered into a Subscription Agreement (the "May Subscription") pursuant to which the Company issued a 9.5% Convertible Note (the "May Note") to the Trust. On August 26, 2002, the May Note was cancelled and replaced with a short-term, non-convertible note. Pursuant to the May Subscription and the May Note, the Trust was issued a warrant to purchase 250,000 shares of the Company's common stock ("Common Stock") at an exercise price of $2.60 per share. As a result of the Company's 1-for-5 reverse stock split, which became effective on January 3, 2003 (the "Reverse Split"), this warrant became exercisable for the purchase of 50,000 shares of Common Stock at an exercise price of $13.00 per share. The warrant expired on August 26, 2003.
  • [F5]As previously reported, on July 14, 2000, the Company granted Mr. Crabbe an option pursuant to its 1999 Directors' Stock Option Plan (the "Plan") to purchase 1,000 shares of Common Stock at an exercise price of $2.60 per share. As a result of the Reverse Split, this option now may be exercised to purchase 200 shares of Common Stock at an exercise price of $13.00 per share. The option is fully vested and exercisable and expires on the later of July 14, 2010 or three months after Mr. Crabbe ceases to serve as a director of the Company.
  • [F6]As previously reported, on January 1, 2001, the Company granted Mr. Crabbe an option pursuant to the Plan to purchase 1,000 shares of Common Stock at an exercise price of $2.60 per share. As a result of the Reverse Split, this option now may be exercised to purchase 200 shares of Common Stock at an exercise price of $13.00 per share. The option is fully vested and exercisable and expires on the later of January 1, 2011 or three months after Mr. Crabbe ceases to serve as a director of the Company.
  • [F7]As previously reported, on January 1, 2002, and pursuant to the Plan, the Company granted to Mr. Crabbe an option to purchase 1,000 shares of Common Stock at an exercise price of $0.35 per share. As a result of the Reverse Split, this option now may be exercised to purchase 200 shares of Common Stock at an exercise price of $1.75 per share. The option expires on the later of January 1, 2012 or three months after Mr. Crabbe ceases to serve as a director of the Company.
  • [F8]As previously reported, on December 31, 2002, the Trust entered into a Subscription Agreement (the "December Subscription") pursuant to which the Company issued a 9.5% Convertible Note (the "December Note"). The December Note was in the amount of $3,949,996.05 and cancelled and replaced various short-term, non-convertible notes that the Company had previously issued to the Trust. The Trust has the ability to convert the December Note at its option until the December Note is paid in full.
  • [F9]No such amount applies. This information is reflected on this Form 4 for the sole purpose of providing data in this field to ensure that this Form 4 will be accepted through the SEC's electronic filing system.

Issuer

VENDINGDATA CORP

CIK 0001004673

Entity typeother
IncorporatedOR

Related Parties

1
  • filerCIK 0001088037

Filing Metadata

Form type
4
Filed
Sep 9, 8:00 PM ET
Accepted
Sep 10, 1:30 PM ET
Size
14.4 KB