Filing Details

Accession Number:
0001264684-10-000147
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-06-23 13:00:00
Reporting Period:
2010-06-21
Filing Date:
2010-06-23
Accepted Time:
2010-06-23 16:14:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
828750 Gsi Commerce Inc GSIC Retail-Catalog & Mail-Order Houses (5961) 042958132
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1123356 Michael Rubin Gsi Commerce, Inc.
935 First Avenue
King Of Prussia PA 19406
Ceo And President Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-06-21 50,000 $5.56 2,029,004 No 4 M Direct
Common Stock Disposition 2010-06-21 50,000 $31.15 1,979,004 No 4 S Direct
Common Stock Acquisiton 2010-06-22 50,000 $5.56 2,029,004 No 4 M Direct
Common Stock Disposition 2010-06-22 50,000 $31.03 1,979,004 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Option to Purchase (Common Stock) Disposition 2010-06-21 50,000 $0.00 50,000 $5.56
Common Stock Option to Purchase (Common Stock) Disposition 2010-06-22 50,000 $0.00 50,000 $5.56
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
542,500 2011-01-03 No 4 M Direct
492,500 2011-01-03 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 2,000,000 Indirect By grantor retained annuity trust
Footnotes
  1. The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.
  2. This disposition was effected pursuant to a Rule 10b5-1 Trading Plan.
  3. This amount represents the average weighted sales price. The highest price at which shares were sold was $31.20 and the lowest price at which shares were sold was $31.10. Full information regarding the number of shares sold at each separate price will be provided to the SEC upon its request.
  4. This amount represents the average weighted sales price. The highest price at which shares were sold was $31.25 and the lowest price at which shares were sold was $30.80. Full information regarding the number of shares sold at each separate price will be provided to the SEC upon its request.
  5. This option became exercisable as to 25% on each of January 4, 2002, January 4, 2003, January 4, 2004 and January 4, 2005.
  6. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.