Don't put your VO2 work late in the training week.
Go from most intense to least intense efforts in the training week, unless you are doing pure block training L2 through L5 one energy system at a time..........
So on Saturdays I would do your L 7 and then L6 work followed by some low L4 perhaps....then on Monday I would do the VO2 work....then Wednesday do your L4 work and if you do Thursdays then do some more L4, perhaps at a lower level or do some L3 .
5 X 4 minutes with equal recovery time is good. Ramp up the effort slightly over the first 30-45 seconds or so.
My favorite VO2 workout is 5 X 5. I like the longer VO2 intervals since you get in more total time at VO2 per interval....about a solid 20 minutes for a 5 X 5.
I also like to do them either climbing or on a trainer as the environment is more controlled.
It would be best to ride L2, L3(plenty), L4(good amount for you) and L7(high L7 sprints) this time of year though. But if you want to try some L5 and L6 work for a few weeks go ahead and try some. Be especially careful with the L6 work as it can burn you out pretty quick if you do too much for too long.
Read through the articles on this web site. These guys have it spot on in my opinion and mirror my training/coaching approach
www.cycle-smart.com