X0201 3 2003-11-26 0 0001002902 VELOCITY EXPRESS CORP VEXP 0001063711 BET ASSOCIATES LP 3103 PHILMONT AVENUE HUNTINGDON VALLEY PA 19006 0 0 1 0 Series I Convertible Preferred Stock 0.15 1988-08-08 1988-08-08 Common Stock 4166660 D Conversion of Series I Convertible Preferred Stock into Common Stock requires stockholder approval. None. The derivative security is not yet convertible and will not be convertible within sixty (60) days. Bruce E. Toll, as sole member of BRU Holdings Co., LLC, General Partner of BET Associates, L.P. 2003-12-01