X0201 3 2004-01-18 0 0000852437 AVATECH SOLUTIONS INC avso.ob 0001277240 SANTRY BARBARA L 3000 SAND HILL ROAD BUILDING 1, STE 290 MENLO PARK CA 94025 0 0 1 0 0001177392 CAPSTONE VENTURES SBIC LP 3000 SAND HILL ROAD BUILDING 1 STE 290 MENLO PARK CA 94025 0 0 1 0 0001277239 CAPSTONE SBIC MANAGEMENT INC 3000 SAND HILL ROAD BUILDING 1, STE 290 MENLO PARK CA 94025 0 0 1 0 Common Stock 190245 I See Footnote 1 Series D Convertible Preferred Stock 0.3 2004-01-18 Common Stock 1000837 I See Footnote 1 Stock Purchase Warrants 0.45 2003-11-19 2004-11-19 Common Stock 666666 I See Footnote 1 Stock Purchase Warrants 6.67 2001-06-01 2004-06-01 Common Stock 9375 I See Footnote 1 Stock Purchase Warrants 43.33 2000-02-01 2005-02-01 Common Stock 45652 I See Footnote 1 Stock Purchase Options 0.17 2003-07-01 2013-07-01 Common Stock 6000 I See Footnote 1 Stock Purchase Options 0.8 2013-10-30 Common Stock 18000 I See Footnote 1 Stock Purchase Options 63.33 2010-03-10 Common Stock 2250 I See Footnote 1 All reported securities are owned directly by Capstone Ventures SBIC, L.P. Capstone SBIC Management, Inc. is the general partner of Capstone Ventures SBIC, L.P. and Barbara L. Santry shares voting and dispositive power over the shares with Eugene J. Fischer. Mr. Fischer has been a director of the issuer and a reporting person since 2000. Series D Convertible Preferred Stock may be converted by the holder at any time after March 18, 2004 and will automatically convert or be redeemed on the occurrance of certain events. There is no automatic or mandatory conversion or redemtion on a fixed date. This option was immediately vested and exercisable wtih respect to 6,000 shares on October 30, 2003 and becomes vested and exercisable with respect to an additional 6,000 shares on each October 1 thereafter. This option became vested and exercisable with respect to 25% of the underlying shares of common stock on March 10, 2001 and becomes vested and exercisable with respect to an additional 25% of such shares on each March 10 thereafter. This option will be fully vested and exercisable on March 10, 2004. Barbara L. Santry by Beth O. MacLaughlin, Power of Attorney 2004-01-28 Capstone Ventures SBIC, L.P. by Beth O. MacLaughlin, Power of Attorney 2004-01-28 Capstone SBIC Management, Inc. by Beth O. MacLaughlin, Power of Attorney 2004-01-28