VILLAGEEDOCS INC·4

Dec 27, 8:15 PM ET

VILLAGEEDOCS INC 4

4 · VILLAGEEDOCS INC · Filed Dec 27, 2004

Insider Transaction Report

Form 4
Period: 2004-12-27
CONNER MASON K
DirectorChief Executive Officer
Transactions
  • Purchase

    Common Stock

    2004-10-28$0.14/sh+5,000$6755,932,832 total
Holdings
  • Stock Option

    (indirect: By Trust)
    Exercise: $0.15Common Stock (3,500,000 underlying)
    5,932,832
Footnotes (5)
  • [F1]The options vest and become exercisable over the five year period beginning June 10, 2004 at a rate of 700,000 shares per year. Pursuant to the reporting person's employment agreement, vesting may be accelerated upon termination or change in corporate control.
  • [F2]The options may be exercised during the seven year period after vesting.
  • [F3]By Conner Living Trust.
  • [F4]The options vest and become exercisable at a rate of 6,228 shares per year over a five year period that began on August 4, 2000.
  • [F5]The options vest and become exercisable at a rate of 6,907 shares per year over a five year period that began on October 1, 2001.

Documents

2 files