WOODLAND VENTURE FUND 4
4 · NETWORK 1 SECURITY SOLUTIONS INC · Filed Apr 15, 2004
Insider Transaction Report
Form 4
WOODLAND VENTURE FUND
10% Owner
Transactions
- Other
Series D Convertible Preferred Stock
2004-04-13−69,379→ 0 total→ Common Stock (146,838 underlying) - Other
Common Stock
2004-04-13+146,838→ 298,466 total - Other
Series E Convertible Preferred Stock
2004-04-13−212,264→ 0 total→ Common Stock (530,660 underlying) - Other
Common Stock
2004-04-13+530,660→ 829,226 total
Footnotes (3)
- [F1]Pursuant to an Exchange Agreement by and among the Company and the holders of the Company's Series D Convertible Preferred Stock and Series E Convertible Preferred Stock, the Series D Convertible Preferred Stock and the Series E Convertible Preferred Stock owned by the Reporting Person were exchanged for shares of Common Stock.
- [F2]The Series D Convertible Preferred Stock and the Series E Convertible Preferred Stock became convertible upon issuance.
- [F3]The Series D Convertible Preferred Stock and the Series E Convertible Preferred Stock do not have an expiration date.