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13D Filing: Okumus Fund Management Still Loves Group, Inc. (WEB)

Ahmet OkumusOkumus Fund Management has filed a 13D related to its position in Group Inc (NASDAQ:WEB), it’s second-largest holding at the end of the third quarter of 2015. The filing reveals a position of 7.01 million shares, 13.8% of the common shares of the company. That represents a slight decline from the end of the third quarter, but is unchanged from the end of 2015. The filing instead appears to have been issued simply as a means of correcting an earlier, erroneous 13G filing on the same company from earlier today.

You can access the original SEC filing by clicking here.

Ownership Summary Table

Name Sole Voting Power Shared Voting Power Sole Dispositive Power Shared Dispositive Power Aggregate Amount Owned Power Percent of Class
Okumus Fund Management Ltd 0 7,016,602 0 7,016,602 7,016,602 13.8%
Okumus Opportunistic Value Fund, Ltd 0 7,016,602 0 7,016,602 7,016,602 13.8%
Ahmet H. Okumus 0 7,016,602 0 7,016,602 7,016,602 13.8%
Ahmet Okumus
Ahmet Okumus
Okumus Fund Management

Page 1 of 6 SEC Filing

(Amendment No. 2) Group, Inc.
(Name of Issuer)
Common Stock, par value $0.001 per share
(Title of Class of Securities)
(CUSIP Number)
c/o Okumus Fund Management Ltd.
767 Third Avenue, 35th Floor
New York, NY 10017
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
February 16, 2016
(Date of Event Which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.240.13D-1(e), 240.13d‑1(f) or 240.13d-1(g), check the following box [ X ].
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