Stamps.com (STMP): Park West Asset Management Discloses Big Boost In Stake

* Beneficial ownership percentage is based upon 17,446,820 shares of common stock, $0.001 par value per share (“Common Stock”), of Stamps.com, Inc., a Delaware corporation (the “Company”), issued and outstanding as of April 30, 2016, based on information reported by the Company in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 10, 2016.  Park West Asset Management LLC (“PWAM”) is the investment manager to Park West Investors Master Fund, Limited, a Cayman Islands exempted company (“PWIMF”), and Park West Partners International, Limited, a Cayman Islands exempted company (“PWPI” and, collectively with PWIMF, the “PW Funds”), and Peter S. Park (“Mr. Park” and, collectively with PWAM, the “Reporting Persons”) is the sole member and manager of PWAM.  As of July 29, 2016, PWIMF held 809,422 shares of Common Stock of the Company and PWPI held 110,959 shares of Common Stock of the Company.  As a result of the foregoing, for purposes of Reg. Section 240.13d-3, the Reporting Persons may be deemed to beneficially own the 920,381 shares of Common Stock of the Company held in the aggregate by the PW Funds, or 5.3% of the shares of Common Stock of the Company deemed to be issued and outstanding as of July 29, 2016.